Labcorp (LH) CEO Adam Schechter sells 4,669 shares at $320.37 under 10b5-1 plan
Rhea-AI Filing Summary
LABCORP HOLDINGS INC. President & CEO Adam H. Schechter reported a sale of common stock. On 2026-08-11, he sold 4,669 shares of Labcorp common stock at a price of $320.37 per share in an open-market or private transaction. After this transaction, he directly holds 102,565 shares of common stock. The sale was executed pursuant to a pre-established trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 4,669 shares
Net Sell
1 txn
Insider
Schechter Adam H
Role
President & CEO
Sold
4,669 shs ($1.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 4,669 | $320.37 | $1.50M |
Holdings After Transaction:
Common Stock — 102,565 shares (Direct)
Footnotes (1)
- F1. Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
Key Figures
Shares sold: 4,669 shares
Sale price per share: $320.37 per share
Shares held after transaction: 102,565 shares
3 metrics
Shares sold
4,669 shares
Common stock sale reported for 2026-08-11
Sale price per share
$320.37 per share
Price for the 4,669 Labcorp common shares sold
Shares held after transaction
102,565 shares
Direct Labcorp common stock holdings after the sale
Key Terms
Rule 10b5-1, open market or private transaction, common stock
3 terms
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 or private transaction financial
"transaction code description: Sale in open market or private transaction"
common stock financial
"security_title: Common Stock for the reported sale transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Labcorp (LH) CEO Adam H. Schechter report in this Form 4?
Adam H. Schechter reported a sale of 4,669 Labcorp common shares at $320.37 per share on 2026-08-11. Following the transaction, he directly holds 102,565 shares of Labcorp common stock.
What type of transaction did Labcorp (LH) report for its CEO in this Form 4?
The Form 4 reports a sale transaction of Labcorp common stock by CEO Adam H. Schechter. The transaction code is “S”, described as a sale in an open market or private transaction, covering 4,669 shares.