[Form 4] Labcorp Holdings Inc. Insider Trading Activity

Rhea-AI Filing Summary

Yunhong Green CTI Ltd. (YHGJ) will hold its 2025 Annual Meeting on 22-Aug-25. Shareholders of record 23-Jul-25 will vote on:

• Director election: five nominees (Schwan, Li, Bryant, Roberts, Wong) for one-year terms.
• 1-for-10 reverse stock split: would cut the 27.74 m outstanding shares to c.2.77 m. Purpose is to regain compliance with Nasdaq’s US$1.00 minimum bid price before the 19-Oct-25 grace-period deadline. Authorised share count and par value stay unchanged.
• Auditor ratification: Wolf & Company, PC for FY-26; FY-24 audit fees US$629.5k after replacing disqualified firm BF Borgers.
• Other routine business.

Insider ownership is high: Chairman Yubao Li holds 43.6 %; all insiders 44.8 %. Largest outside holders own 6.8-11 % each. Three directors are independent; Philip Wong serves as lead independent and audit-committee financial expert.

Compensation highlights: CEO Jana Schwan base salary US$275k plus 250 k-share performance RSU grant (222.8 k unvested). Independent directors receive US$12k cash and 5 k RSUs annually.

The Board recommends voting FOR all proposals; simple-majority approval required (director election by plurality).

Insights

Securities Analyst

TL;DR: Reverse split critical for Nasdaq bid-price compliance; corporate actions otherwise routine.

The proxy centres on a 1-for-10 split aimed at avoiding delisting after two grace periods. If executed, float shrinks to roughly 2.77 m shares, which should mechanically lift the price but may further reduce liquidity. High insider control (≈45 %) limits governance leverage for minority holders. Audit change to Wolf after BF Borgers’ disqualification raised audit fees ~76 %. No financial guidance or operational updates are provided; impact therefore revolves chiefly around market-access risk.

Corporate Governance Expert

TL;DR: Governance framework adequate; concentration and split pose minority-holder concerns.

Board structure meets Nasdaq independence tests (3/5 independent, lead director, active committees). Yet the Chairman’s 43.6 % stake plus insider bloc at 44.8 % effectively controls outcomes, rendering shareholder votes largely symbolic. Reverse split preserves listing but may dilute perceived value without addressing core performance issues. Auditor transition appears proper, but the large fee increase suggests elevated complexity. Overall governance posture is acceptable but not robustly shareholder-centric.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

ANDERSON KERRII B

(Last) (First) (Middle)

531 SOUTH SPRING STREET

(Street)

BURLINGTON NC 27215

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LABCORP HOLDINGS INC. [ LH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/24/2025		S(1)		3,500	D	$280	8,666	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.

	/s/ Sandra D. van der Vaart, Attorney-in-Fact for Kerrii B. Anderson	07/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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