Labcorp (NYSE: LH) EVP gains stock from RSUs and covers taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings Inc. executive Akinbolade Oyegunwa, EVP, CIO & CTO, reported routine equity compensation activity. On February 6 and 7, 2026, restricted stock units (RSUs) covering 180 and 149 shares of common stock, respectively, were converted into Labcorp common shares.
To cover tax withholding obligations, a total of 112 common shares were withheld, at prices of $277.2 and $274.01 per share. Following these transactions, Oyegunwa directly held 3,944.253 shares of common stock and 1,610 RSUs, each RSU representing the right to receive one share of common stock as they vest over the disclosed schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
329 shares exercised/converted
Mixed
6 txns
Insider
Oyegunwa Akinbolade
Role
EVP, CIO & CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 51 | $274.01 | $14K |
| Exercise | Restricted Stock Unit | 149 | $0.00 | -- |
| Exercise | Common Stock | 149 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 180 | $0.00 | -- |
| Exercise | Common Stock | 180 | $0.00 | -- |
| Tax Withholding | Common Stock | 61 | $277.20 | $17K |
Holdings After Transaction:
Common Stock — 3,944.253 shares (Direct);
Restricted Stock Unit — 1,610 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 6, 2025. This number reflects the aggregate number of Restricted Stock Units held by the reporting person. The Restricted Stock Units vested in two equal installments beginning on February 7, 2025 and are now fully vested.
FAQ
What insider transactions did Labcorp (LH) EVP Akinbolade Oyegunwa report?
Oyegunwa reported routine equity compensation activity involving vested restricted stock units converting into Labcorp common shares. Some shares were withheld to satisfy tax obligations, and his direct holdings of both common stock and RSUs were updated accordingly in the Form 4 filing.
How were taxes handled on Oyegunwa’s Labcorp (LH) RSU vesting?
Taxes were satisfied through share withholding. Labcorp withheld 61 common shares at $277.2 per share and 51 common shares at $274.01 per share, rather than requiring Oyegunwa to pay the tax withholding amount in cash.
What are Oyegunwa’s Labcorp (LH) common stock holdings after these transactions?
After the reported transactions, Oyegunwa directly held 3,944.253 shares of Labcorp common stock. This figure reflects the newly issued shares from vested RSUs, net of the shares withheld by the company to cover tax withholding obligations.
How many Labcorp (LH) restricted stock units does Oyegunwa hold after vesting?
Following the February 2026 vesting events, Oyegunwa held 1,610 restricted stock units. The filing notes this number reflects the aggregate RSUs still outstanding, each representing the contingent right to receive one share of Labcorp common stock upon future vesting.
What is the vesting schedule for Oyegunwa’s Labcorp (LH) RSUs?
One RSU grant vests in three equal annual installments beginning on February 6, 2025. Another RSU grant vested in two equal installments beginning on February 7, 2025 and is now fully vested, as disclosed in the filing’s explanatory footnotes.