Labcorp (LH) CMO Amy Summy logs RSU conversions and tax share withholding
Rhea-AI Filing Summary
Labcorp Holdings Inc. executive Amy B. Summy, EVP and Chief Marketing Officer, reported multiple equity transactions. On February 6 and 7, 2026, restricted stock units (RSUs) converted into 223 and 222 shares of common stock, respectively, at an exercise price of $0.
To cover tax withholding obligations, 92 shares of common stock at $277.2 per share on February 6 and 80 shares at $274.01 per share on February 9 were withheld and disposed of. Following these transactions, she directly beneficially owned 5,574.5 shares of common stock and continued to hold RSUs, including 1,136 and 914 units from separate awards.
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FAQ
What did Labcorp (LH) executive Amy B. Summy report in this Form 4 filing?
Amy B. Summy reported RSU vesting and related share withholding for taxes. Restricted stock units converted into 223 and 222 Labcorp common shares on February 6 and 7, 2026, and 92 and 80 shares were withheld and disposed of to satisfy tax obligations.
How many Labcorp (LH) common shares does Amy B. Summy hold after these transactions?
After the reported transactions, Amy B. Summy directly holds 5,574.5 Labcorp common shares. This balance reflects RSU conversions and share withholding for taxes recorded between February 6 and February 9, 2026, as disclosed in the non-derivative transaction table.
What restricted stock unit (RSU) activity did the Labcorp (LH) Form 4 disclose for Amy B. Summy?
The filing shows RSU conversions into Labcorp common stock. On February 6, 2026, 223 RSUs converted, and on February 7, 2026, 222 RSUs converted, each into an equal number of common shares. The RSUs were part of awards vesting in three equal annual installments.
Why were Labcorp (LH) shares disposed of in Amy B. Summy’s Form 4?
Shares were disposed of to cover tax withholding obligations. The filing notes stock withholding transactions of 92 shares at $277.2 per share and 80 shares at $274.01 per share, both coded “F,” which indicates shares withheld for taxes on equity awards.
What ongoing RSU holdings for Amy B. Summy are shown in the Labcorp (LH) Form 4?
The Form 4 lists continuing RSU positions after vesting events. Following the February 6 and 7, 2026 transactions, derivative holdings include 1,136 and 914 restricted stock units from separate grants, each representing the contingent right to receive one share of Labcorp common stock.
What are the vesting terms of Amy B. Summy’s Labcorp (LH) RSU grants mentioned in the filing?
The RSU grants vest in three equal annual installments. One award began vesting on February 6, 2025, and another on February 7, 2024. The February 7, 2024 grant is now fully vested, while the February 6, 2025 grant continues vesting annually according to the schedule.