Labcorp (LH) EVP sells shares after RSU vesting under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings executive Bryan T. Vaughn reported an option-style vesting and a small open-market sale of company stock. On July 1, 2026, 327 Restricted Stock Units converted into the same number of Labcorp common shares, while 93 shares were withheld to cover tax obligations.
On July 2, 2026, Vaughn sold 234 common shares in an open-market transaction at $286.19 per share under a pre-arranged Rule 10b5-1 trading plan. After these transactions, he directly holds 6,745.5702 Labcorp shares and 3,704 Restricted Stock Units in total.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 234 shares ($66,968)
Net Sell
4 txns
Insider
Vaughn Bryan T
Role
EVP and President, Diagnostics
Sold
234 shs ($67K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 234 | $286.19 | $67K |
| Exercise | Restricted Stock Unit | 327 | $0.00 | -- |
| Exercise | Common Stock | 327 | $0.00 | -- |
| Tax Withholding | Common Stock | 93 | $283.88 | $26K |
Holdings After Transaction:
Common Stock — 6,745.57 shares (Direct, null);
Restricted Stock Unit — 3,704 shares (Direct, null)
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. Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The Restricted Stock Units that have vested were part of a grant that vests in three equal annual installments beginning on July 1, 2026. This number reflects the aggregate number of Restricted Stock Units held by the reporting person.
Key Figures
Open-market sale: 234 shares at $286.19
Shares after sale: 6,745.5702 shares
RSUs converted: 327 Restricted Stock Units
+3 more
6 metrics
Open-market sale
234 shares at $286.19
Common Stock sale on July 2, 2026
Shares after sale
6,745.5702 shares
Direct Labcorp common stock holdings post-transaction
RSUs converted
327 Restricted Stock Units
Converted into 327 common shares on July 1, 2026
Tax withholding shares
93 shares
Withheld to satisfy tax obligations on July 1, 2026
RSUs remaining
3,704 Restricted Stock Units
Aggregate RSUs held after transactions
Transaction net direction
net-sell of 234 shares
Based on Form 4 transactionSummary
Key Terms
Restricted Stock Unit, Rule 10b5-1, tax withholding, derivative security
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Rule 10b5-1 regulatory
"Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended."
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.
tax withholding financial
"Stock withholding to satisfy tax withholding obligations."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
