Labcorp (NYSE: LH) CFO exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings Inc. Chief Financial Officer and EVP Julia Aijun Wang exercised previously granted restricted stock units, receiving 860 shares of common stock on February 11, 2026. Each unit converts into one share of common stock.
To cover tax withholding obligations, 245 shares of common stock were withheld at a price of $289.89 per share. After these transactions, Wang directly holds 1,817.239 shares of common stock and 4,964 restricted stock units, which continue to vest in three equal annual installments beginning February 11, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
860 shares exercised/converted
Mixed
3 txns
Insider
Wang Julia Aijun
Role
Chief Financial Officer, EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 860 | $0.00 | -- |
| Exercise | Common Stock | 860 | $0.00 | -- |
| Tax Withholding | Common Stock | 245 | $289.89 | $71K |
Holdings After Transaction:
Restricted Stock Unit — 4,964 shares (Direct);
Common Stock — 2,062.239 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 CFO Julia Aijun Wang?
Labcorp reported that CFO Julia Aijun Wang exercised 860 restricted stock units into common shares. These units convert one-for-one into Labcorp common stock, increasing her direct share ownership while reflecting scheduled vesting from a prior equity grant.
What is the status of the CFO’s restricted stock units at Labcorp (LH)?
Following the conversion, Wang holds 4,964 restricted stock units in Labcorp. These units come from a grant that vests in three equal annual installments beginning on February 11, 2026, providing additional future potential common stock upon each vesting date.
What do Labcorp (LH) restricted stock units represent in this filing?
Each restricted stock unit represents the contingent right to receive one share of Labcorp common stock. When units vest and are settled, they convert into common shares, as reflected by the 860-share derivative conversion reported for CFO Julia Aijun Wang on February 11, 2026.