RSU vesting adds 897 Labcorp (NYSE: LH) shares to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings director Garheng Kong reported acquiring shares through the vesting and conversion of restricted stock units. On February 11, 2026, 897 Restricted Stock Units converted into 897 shares of common stock at an exercise price of $0 per share.
Each Restricted Stock Unit represents the right to receive one Labcorp common share. After this transaction, Kong directly holds 13,739 shares of common stock and 773 Restricted Stock Units, which reflects the remaining aggregate RSU balance.
Positive
- None.
Negative
- None.
Insider Trade Summary
897 shares exercised/converted
Mixed
2 txns
Insider
Kong Garheng
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 897 | $0.00 | -- |
| Exercise | Common Stock | 897 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 773 shares (Direct);
Common Stock — 13,739 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock. The Restricted Stock Units vested fully on February 11, 2026. This number reflects the aggregate number of Restricted Stock Units held by the reporting person.
FAQ
What insider transaction did Labcorp (LH) director Garheng Kong report?
Director Garheng Kong reported an acquisition via equity compensation. On February 11, 2026, 897 Restricted Stock Units were exercised and converted into 897 shares of Labcorp common stock at an exercise price of $0 per share, increasing his direct share holdings.
What happened to Garheng Kong’s Restricted Stock Units in Labcorp (LH)?
A block of Garheng Kong’s Labcorp Restricted Stock Units vested and converted. On February 11, 2026, 897 RSUs vested fully and were exchanged for 897 common shares, leaving him with an aggregate remaining balance of 773 Restricted Stock Units after the transaction.
At what price were the Labcorp (LH) Restricted Stock Units exercised?
The Restricted Stock Units were exercised at an exercise price of $0 per share. This reflects typical equity compensation mechanics where vested RSUs convert into common stock without additional cash payment from the director upon settlement on February 11, 2026.
What does each Labcorp (LH) Restricted Stock Unit represent for Garheng Kong?
Each Labcorp Restricted Stock Unit represents the contingent right to receive one share of Labcorp common stock. When the RSUs vest, as they did on February 11, 2026, they convert into an equivalent number of common shares reported as acquired in the Form 4.