Labcorp (NYSE: LH) EVP exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings Inc. executive Mark S. Schroeder, EVP, President Diagnostics & COO, reported equity award activity involving restricted stock units and common shares. On February 11, 2026, he converted 806 Restricted Stock Units into an equal number of common shares at an exercise price of $0 per share.
To satisfy tax withholding obligations, 259 common shares were withheld at a price of $289.89 per share. Following these transactions, Schroeder directly holds 6,473.1426 shares of Labcorp common stock and 2,358 Restricted Stock Units, which each represent the right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
806 shares exercised/converted
Mixed
3 txns
Insider
Schroeder Mark S
Role
EVP, Pres Diagnostics & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 806 | $0.00 | -- |
| Exercise | Common Stock | 806 | $0.00 | -- |
| Tax Withholding | Common Stock | 259 | $289.89 | $75K |
Holdings After Transaction:
Restricted Stock Unit — 2,358 shares (Direct);
Common Stock — 6,732.143 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 did Labcorp (LH) executive Mark Schroeder report in this Form 4 filing?
Mark Schroeder reported equity award activity, including the exercise of 806 Restricted Stock Units into Labcorp common stock and a related tax-withholding share disposition. These transactions reflect routine management of stock-based compensation rather than an open-market purchase or sale.
How many Labcorp (LH) Restricted Stock Units did Mark Schroeder convert to common stock?
Mark Schroeder converted 806 Restricted Stock Units into an equal number of Labcorp common shares. Each unit represents the contingent right to receive one share of common stock, and this conversion was reported as a derivative security exercise at an exercise price of $0 per share.
How many Labcorp (LH) Restricted Stock Units does Mark Schroeder still hold?
Following the vesting and conversion, Mark Schroeder holds 2,358 Restricted Stock Units. According to the disclosure, each unit represents the contingent right to receive one Labcorp common share, and this number reflects the aggregate RSUs remaining under his equity awards.
When did the insider transactions reported by Labcorp (LH) executive Mark Schroeder take place?
The reported transactions occurred on February 11, 2026. On that date, Schroeder’s Restricted Stock Units vested and were converted into 806 common shares, with 259 of those shares subsequently withheld to meet tax obligations related to the equity award vesting.
How do the Labcorp (LH) Restricted Stock Units reported by Mark Schroeder vest over time?
The filing notes that the reported Restricted Stock Units vest in three equal annual installments, beginning on February 11, 2026. The 806 RSUs that vested and converted in this Form 4 represent the first installment of that multi-year vesting schedule.