Labcorp (NYSE: LH) director converts 897 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings Inc. director Peter M. Neupert reported the vesting and exercise of equity awards. On February 11, 2026, he exercised 897 Restricted Stock Units, converting them into 897 shares of Common Stock at an exercise price of $0 per share. Following this derivative conversion, he directly owned 13,784 shares of Common Stock and 773 Restricted Stock Units, each RSU representing the right to receive one Labcorp common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
897 shares exercised/converted
Mixed
2 txns
Insider
NEUPERT PETER M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 897 | $0.00 | -- |
| Exercise | Common Stock | 897 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 773 shares (Direct);
Common Stock — 13,784 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock. The Restricted Stock Units vested fully on February 11, 2026. This number reflects the aggregate number of Restricted Stock Units held by the reporting person.
FAQ
What insider transaction did Labcorp (LH) director Peter Neupert report?
Peter M. Neupert reported exercising 897 Restricted Stock Units into 897 shares of Labcorp common stock. The transaction occurred on February 11, 2026, via a derivative conversion at an exercise price of $0 per share, reflecting vesting of previously granted equity awards.
What happened to Peter Neupert’s Labcorp (LH) Restricted Stock Units?
897 Restricted Stock Units vested and were converted into 897 shares of Labcorp common stock. The filing notes that these RSUs fully vested on February 11, 2026, and that each Restricted Stock Unit represents the contingent right to receive one share of Labcorp common stock.
How many Restricted Stock Units does Peter Neupert still hold in Labcorp (LH)?
Following the vesting event, Peter M. Neupert holds 773 Restricted Stock Units in Labcorp. The Form 4’s derivative securities table explains that this number reflects the aggregate RSUs remaining beneficially owned after the February 11, 2026 conversion of 897 units into common shares.
What does transaction code “M” mean in Peter Neupert’s Labcorp (LH) Form 4?
Transaction code “M” indicates an exercise or conversion of a derivative security, not an open-market trade. In this case, 897 Restricted Stock Units were converted into 897 shares of Labcorp common stock as part of a scheduled vesting event on February 11, 2026.
Is Peter Neupert’s Labcorp (LH) Form 4 transaction a direct or indirect holding?
The Form 4 shows Neupert’s holdings as direct, using ownership code “D” for both the common stock and the remaining Restricted Stock Units. No footnotes indicate indirect ownership through another entity or any disclaimer of beneficial ownership in this filing.