Labcorp (LH) EVP converts RSUs to stock and withholds shares for taxes
Rhea-AI Filing Summary
Labcorp Holdings Inc. executive Sandra D. van der Vaart, EVP Corporate Affairs, reported multiple stock transactions involving restricted stock units (RSUs) and related tax withholding. On February 6, 2026, 387 RSUs were converted into the same number of Labcorp common shares at an exercise price of $0, and 101 shares were disposed of at $277.20 per share to cover tax withholding, leaving 2,589.4864 common shares directly owned. On February 7, 2026, a further 353 RSUs were converted into common stock at $0, increasing direct ownership to 2,942.4864 shares. On February 9, 2026, 93 shares were disposed of at $274.01 per share for tax withholding, with 2,849.4864 common shares held directly afterward. The filing shows 1,870 RSUs held after the February 6 transaction and 1,517 RSUs after the February 7 transaction, each RSU representing the right to receive one Labcorp common share. The share totals include 29.8173 shares acquired under the company’s 2025 Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 93 | $274.01 | $25K |
| Exercise | Restricted Stock Unit | 353 | $0.00 | -- |
| Exercise | Common Stock | 353 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 387 | $0.00 | -- |
| Exercise | Common Stock | 387 | $0.00 | -- |
| Tax Withholding | Common Stock | 101 | $277.20 | $28K |
Footnotes (1)
- Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock. Amount includes 29.8173 shares acquired on December 31, 2025 under the Labcorp Holdings Inc. 2025 Employee Stock Purchase Plan. 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 three equal annual installments beginning on February 7, 2024 and are now fully vested.