Labcorp EVP exercises RSUs, withholds shares for taxes
Labcorp Holdings Inc. executive Brian J. Caveney, EVP and President of Enterprise Diagnostics, CMO & CSO, reported equity award activity in company stock.
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Rhea-AI Filing Summary
Labcorp Holdings Inc. executive Brian J. Caveney, EVP and President of Enterprise Diagnostics, CMO & CSO, reported equity award activity in company stock. On February 11, 2026, he exercised 740 Restricted Stock Units, converting them into 740 shares of Common Stock at an exercise price of $0 per share.
To cover tax withholding obligations related to this vesting, 211 shares of Common Stock were withheld at a price of $289.89 per share, coded as a disposition for tax payment rather than an open-market sale. After these transactions, he directly held 31,606.9234 shares of Common Stock and 4,170 Restricted Stock Units, which vest in three equal annual installments beginning on February 11, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 740 | $0.00 | $0.00 |
| Exercise | Common Stock | 740 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 211 | $289.89 | $61K |
Footnotes (4)
- F1. Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock.
- F2. Stock withholding to satisfy tax withholding obligations.
- F3. The Restricted Stock Units that have vested were part of a grant that vests in three equal annual installments beginning on February 11, 2026.
- F4. This number reflects the aggregate number of Restricted Stock Units held by the reporting person.
FAQ
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What insider transaction did Labcorp (LH) executive Brian J. Caveney report?
What are the details of the Restricted Stock Units held by the Labcorp (LH) executive?
What transaction codes appear in the Labcorp (LH) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.