Labcorp EVP sells shares, exercises stock units
Labcorp Holdings Inc. EVP and Chief Legal Officer Kathryn W. Kyle reported several equity transactions involving company stock.
Rhea-AI Filing Summary
Labcorp Holdings Inc. EVP and Chief Legal Officer Kathryn W. Kyle reported several equity transactions involving company stock. On July 1, 2026, she exercised 256 Restricted Stock Units, receiving the same number of common shares, while 73 shares were withheld to cover tax obligations. On July 2, 2026, she made an open-market sale of 92 common shares at $286.19 per share under a pre-arranged Rule 10b5-1 trading plan. After these transactions, she directly holds about 3,904.4574 common shares, and the filing notes an aggregate holding of 2,008 Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Kyle Kathryn W
Role
EVP, Chief Legal Officer
Sold
92 shs ($26K)
Approx. gross sale proceeds
$26K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 92 | $286.19 | $26K |
| Exercise | Restricted Stock Unit | 256 | $0.00 | $0.00 |
| Exercise | Common Stock | 256 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 73 | $283.88 | $21K |
Holdings After Transaction:
Restricted Stock Unit — 2,008 contracts (Direct);
Common Stock — 3,904.4574 shares (Direct)
Footnotes (5)
- 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. Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
- F4. The Restricted Stock Units that have vested were part of a grant that vests in three equal annual installments beginning on July 1, 2026.
- F5. This number reflects the aggregate number of Restricted Stock Units held by the reporting person.
Key Figures
Open-market sale: 92 shares at $286.19
RSUs exercised: 256 Restricted Stock Units
Tax withholding shares: 73 shares at $283.88
+3 more
6 metrics
Open-market sale
92 shares at $286.19
Common Stock sale on July 2, 2026
RSUs exercised
256 Restricted Stock Units
Converted to 256 Common Stock shares on July 1, 2026
Tax withholding shares
73 shares at $283.88
Stock withholding for tax obligations on July 1, 2026
Shares held after transactions
3,904.4574 shares
Direct Common Stock holdings following reported transactions
RSUs outstanding
2,008 units
Aggregate Restricted Stock Units held by reporting person
Net share direction
-92 net shares
transactionSummary netBuySellShares
Key Terms
Restricted Stock Unit, Rule 10b5-1, tax withholding obligations, derivative security, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Rule 10b5-1 regulatory
"Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended."
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.
tax withholding obligations financial
"Stock withholding to satisfy tax withholding obligations."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open-market sale financial
"Sale in open market or private transaction"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Labcorp (LH) executive Kathryn W. Kyle do in this Form 4 filing?
Kathryn W. Kyle reported exercising 256 Restricted Stock Units, a tax withholding of 73 shares, and selling 92 Labcorp common shares. These transactions update her equity position as part of routine compensation and a pre-arranged trading plan.
What does the Restricted Stock Unit activity mean in Labcorp (LH)’s Form 4?
The filing shows 256 Restricted Stock Units converted into an equal number of Labcorp common shares. Each unit represents a contingent right to one share, reflecting the vesting of equity-based compensation previously granted to the executive.
Was the Labcorp (LH) stock sale made under a Rule 10b5-1 plan?
Yes. A footnote states the sale was made pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act. Such plans pre-schedule trades, indicating the timing of this sale was established in advance rather than being a discretionary market decision.
AI-generated analysis. How Rhea-AI works. Not financial advice.
