Labcorp (NYSE: LH) EVP nets 4,106 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings Inc. executive Akinbolade Oyegunwa exercised restricted stock units and had shares withheld for taxes. On February 11, 2026, 230 restricted stock units converted into 230 shares of common stock. Of these, 68 shares were withheld to cover tax obligations at $289.89 per share.
Following these transactions, Oyegunwa directly held 4,106.253 shares of common stock and 2,190 restricted stock units. The vested units came from a grant scheduled to vest in three equal annual installments beginning on February 11, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
230 shares exercised/converted
Mixed
3 txns
Insider
Oyegunwa Akinbolade
Role
EVP, CIO & CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 230 | $0.00 | -- |
| Exercise | Common Stock | 230 | $0.00 | -- |
| Tax Withholding | Common Stock | 68 | $289.89 | $20K |
Holdings After Transaction:
Restricted Stock Unit — 2,190 shares (Direct);
Common Stock — 4,174.253 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock. Stock withholding to satisfy tax withholding obligations. The Restricted Stock Units that have vested were part of a grant that vests in three equal annual installments beginning 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) report for Akinbolade Oyegunwa?
Labcorp reported that EVP, CIO & CTO Akinbolade Oyegunwa exercised 230 restricted stock units into common shares. As part of the same event, 68 shares were withheld to satisfy tax obligations, leaving him with 4,106.253 directly held common shares and 2,190 restricted stock units.
What do the restricted stock unit exercises mean for Labcorp (LH) insider ownership?
The filing shows 230 restricted stock units converted into 230 Labcorp common shares for Oyegunwa. This increases his directly held stock while reducing outstanding restricted units, and reflects ongoing vesting from a prior equity grant with three equal annual installments starting February 11, 2026.
How is the Labcorp (LH) restricted stock unit grant structured for this insider?
The restricted stock units that vested for Oyegunwa come from a grant vesting in three equal annual installments. The schedule begins on February 11, 2026, meaning additional units may vest on the same date in subsequent years if grant conditions continue to be met.
What is the relationship of Akinbolade Oyegunwa to Labcorp (LH)?
Akinbolade Oyegunwa is an officer of Labcorp, serving as Executive Vice President, Chief Information Officer and Chief Technology Officer. His Form 4 filing reflects equity compensation activity tied to this leadership role, including restricted stock unit vesting and related tax-withholding share dispositions.