Labcorp (NYSE: LH) SVP sells shares after award under Rule 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings senior vice president and chief accounting officer Peter J. Wilkinson reported a mix of equity compensation and related share dispositions. On March 26, 2026, he acquired 2,388 shares of common stock at $0.00 per share pursuant to a performance award covering the three-year period ended December 31, 2025. That same day, 755 shares were withheld at $268.38 per share to satisfy tax withholding obligations, leaving 3,485.2194 shares directly owned. On March 27, 2026, he executed an open-market sale of 1,633 shares at an average price of $267.05 per share under a pre-arranged Rule 10b5-1 trading plan, resulting in direct ownership of 1,852.2194 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,633 shares ($436,093)
Net Sell
3 txns
Insider
Wilkinson Peter J
Role
SVP, Chief Accounting Officer
Sold
1,633 shs ($436K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,633 | $267.05 | $436K |
| Grant/Award | Common Stock | 2,388 | $0.00 | -- |
| Tax Withholding | Common Stock | 755 | $268.38 | $203K |
Holdings After Transaction:
Common Stock — 1,852.219 shares (Direct)
Footnotes (1)
- Shares acquired on March 26, 2026, pursuant to a performance award granted on February 7, 2023, relating to performance during the three-year period ended December 31, 2025. 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.
Key Figures
Performance award shares: 2,388 shares
Tax withholding shares: 755 shares
Open-market sale: 1,633 shares at $267.05/share
+3 more
6 metrics
Performance award shares
2,388 shares
Common stock acquired at $0.00 on March 26, 2026
Tax withholding shares
755 shares
Withheld at $268.38 per share on March 26, 2026
Open-market sale
1,633 shares at $267.05/share
Common stock sold on March 27, 2026 under Rule 10b5-1 plan
Shares after tax withholding
3,485.2194 shares
Direct ownership after March 26, 2026 transactions
Shares after sale
1,852.2194 shares
Direct ownership following March 27, 2026 sale
Net sell shares
1,633 shares
Net buy/sell shares from transaction summary
Key Terms
performance award, stock withholding, Rule 10b5-1, tax withholding obligations, +1 more
5 terms
performance award financial
"pursuant to a performance award granted on February 7, 2023, relating"
stock withholding financial
"Stock withholding to satisfy tax withholding obligations."
Rule 10b5-1 regulatory
"Pursuant to a plan in accordance with Rule 10b5-1 under the Securities"
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 obligations financial
"Stock withholding to satisfy tax withholding obligations."
open-market sale financial
"transaction_action": "open-market sale""
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.
FAQ
What did Labcorp (LH) executive Peter Wilkinson report in this Form 4?
Peter Wilkinson reported a performance-based share award, tax-related share withholding, and an open-market sale of Labcorp common stock. The filing shows both equity compensation and subsequent share dispositions tied to that award.