Labcorp (NYSE: LH) CEO sells 5,903 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LABCORP HOLDINGS INC. President & CEO Adam H. Schechter sold 5,903 shares of Common Stock in an open-market transaction at a price of $254.50 per share on May 11, 2026. The sale was made pursuant to a pre-established Rule 10b5-1 trading plan.
Following this transaction, Schechter directly holds 107,234 shares of Labcorp Common Stock, indicating he retains a substantial equity position in the company while executing a planned share sale.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,903 shares ($1,502,314)
Net Sell
1 txn
Insider
Schechter Adam H
Role
President & CEO
Sold
5,903 shs ($1.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,903 | $254.50 | $1.50M |
Holdings After Transaction:
Common Stock — 107,234 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,903 shares
Sale price: $254.50 per share
Shares held after sale: 107,234 shares
+1 more
4 metrics
Shares sold
5,903 shares
Open-market Common Stock sale on May 11, 2026
Sale price
$254.50 per share
Price for the 5,903 shares sold
Shares held after sale
107,234 shares
Direct Common Stock holdings following transaction
Net shares sold
5,903 shares
Net-sell direction per transactionSummary
Key Terms
Rule 10b5-1, open-market sale, Common Stock
3 terms
Rule 10b5-1 regulatory
"Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act"
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.
open-market sale financial
"transaction_action: open-market sale, transaction_code: S"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock in non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Labcorp (LH) report for CEO Adam Schechter?
Labcorp reported that President & CEO Adam H. Schechter sold 5,903 shares of Common Stock. The shares were sold in an open-market transaction at $254.50 per share under a pre-arranged Rule 10b5-1 trading plan.
What type of transaction is shown in this Labcorp (LH) Form 4 filing?
The Form 4 shows a non-derivative open-market sale of Common Stock, coded “S.” It involves 5,903 shares sold at $254.50 per share, with no derivative exercises or tax-withholding events reported in this filing.
Does the Labcorp (LH) Form 4 show any option exercises or derivative trades?
No. The filing’s derivativeSummary is empty and transaction data reflect only a single non-derivative Common Stock sale. There are no option exercises, conversions, or other derivative security transactions disclosed in this particular Form 4.