secwatch.observer — SEC 8-K summary
======================================

Issuer:     QUEST DIAGNOSTICS INC (DGX)
CIK:        0001022079
Form:       8-K/A
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001022079-22-000045
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Diagnostics details CEO-Elect James Davis's 2022 compensation: $800K salary, $4.88M LTI
--------------------------------------------------------------------------------

- Base salary $800,000, target annual bonus 100% of salary, LTI award $4,880,649.
- LTI award consists of 50% performance shares (3-yr), 25% stock options, 25% RSUs.
- Performance share metrics: base revenue CAGR (35%), COVID-19 revenues (15%), ROIC (30%), relative TSR (20%).
- Terms substantially similar to those of other Quest executive officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022079/000102207922000045/0001022079-22-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022079/000102207922000045/dgx-20220203.htm
  HTML page:      https://secwatch.observer/filing/0001022079-22-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer