Director adds 897 Labcorp (NYSE: LH) shares through RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings Inc. director Richelle P. Parham acquired 897 shares of common stock on February 11, 2026 through the exercise and conversion of restricted stock units (RSUs) at $0 per share. This reflects equity compensation vesting rather than an open‑market purchase.
Following the transaction, Parham directly owns 3,366 shares of Labcorp common stock and holds 773 restricted stock units, each representing the contingent right to receive one share of common stock when they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
897 shares exercised/converted
Mixed
2 txns
Insider
Parham Richelle P
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 — 3,366 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 Richelle P. Parham report?
Richelle P. Parham reported acquiring 897 Labcorp common shares through the exercise and conversion of restricted stock units on February 11, 2026. The Form 4 shows this as equity compensation vesting at a price of $0 per share, not an open‑market stock purchase.
What was the size and nature of the Labcorp (LH) RSU transaction?
The Form 4 shows 897 restricted stock units converted into 897 Labcorp common shares on February 11, 2026. The transaction code was M, indicating an exercise or conversion of a derivative security, at a reported price of $0 per share as compensation.
What do the remaining restricted stock units mean for Labcorp (LH) director Parham?
The filing states that 773 restricted stock units remain outstanding after this transaction. Each unit represents the contingent right to receive one Labcorp common share when it vests, providing additional future equity-based exposure for the director.
When did the reported Labcorp (LH) restricted stock units vest?
According to the disclosure, the restricted stock units vested fully on February 11, 2026. On that date, 897 units converted into 897 Labcorp common shares, reflecting the completion of the vesting schedule for that specific RSU grant.