Labcorp (LH) EVP gets performance shares, sells portion under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LABCORP HOLDINGS INC. executive vice president of operations Jonathan C. Meltzer reported a mix of equity compensation and routine share sales. On March 26, 2026, he acquired 2,388 shares of common stock at no cost through a performance award tied to results for the three-year period ended December 31, 2025. That same day, 711 shares were withheld to cover tax obligations. On March 27, 2026, he conducted an open-market sale of 839 shares at $267.05 per share under a pre-arranged Rule 10b5-1 trading plan. After these transactions, he directly holds 3,620.3256 shares of Labcorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 839 shares ($224,055)
Net Sell
3 txns
Insider
Meltzer Jonathan C
Role
EVP, Operations
Sold
839 shs ($224K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 839 | $267.05 | $224K |
| Grant/Award | Common Stock | 2,388 | $0.00 | -- |
| Tax Withholding | Common Stock | 711 | $268.38 | $191K |
Holdings After Transaction:
Common Stock — 3,620.326 shares (Direct)
Footnotes (1)
- Shares acquired on March 26, 2026, pursuant to a performance award granted on February 7, 2023, relating to performance during the three-year period ended December 31, 2025. Stock withholding to satisfy tax withholding obligations. Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
Key Figures
Open-market sale: 839 shares at $267.05
Performance award shares: 2,388 shares
Tax withholding shares: 711 shares at $268.38
+3 more
6 metrics
Open-market sale
839 shares at $267.05
Common stock sale on March 27, 2026
Performance award shares
2,388 shares
Award relating to three-year period ended December 31, 2025
Tax withholding shares
711 shares at $268.38
Shares withheld to satisfy tax obligations on March 26, 2026
Post-transaction holdings
3,620.3256 shares
Directly owned Labcorp common stock after reported transactions
Pre-sale holdings
4,459.3256 shares
Direct holdings after tax withholding and before March 27 sale
Post-award holdings
5,170.3256 shares
Direct holdings immediately after 2,388-share performance award
Key Terms
performance award, tax withholding obligations, Rule 10b5-1, open-market sale, +1 more
5 terms
performance award financial
"pursuant to a performance award granted on February 7, 2023, relating to performance"
tax withholding obligations financial
"Stock withholding to satisfy tax withholding obligations."
Rule 10b5-1 regulatory
"Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Labcorp (LH) EVP Jonathan Meltzer report?
Jonathan Meltzer reported a performance-based share award, related tax withholding, and a small open-market sale. He received 2,388 common shares, had 711 shares withheld for taxes, and sold 839 shares, ending with 3,620.3256 shares held directly.
What type of equity award did the Labcorp (LH) EVP receive?
He received 2,388 Labcorp common shares pursuant to a performance award. The award, granted on February 7, 2023, related to company performance over the three-year period that ended on December 31, 2025, and was settled in shares on March 26, 2026.