Labcorp (LH) EVP exercises RSUs and sells 87 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings Inc. executive Jonathan C. Meltzer, EVP, Operations, reported several equity transactions in Labcorp common stock. On February 11, 2026, he acquired 243 shares of common stock through the vesting and conversion of 243 Restricted Stock Units, each RSU representing one share of common stock.
To cover taxes related to this vesting, 70 shares were withheld at a price of $289.89 per share. On February 12, 2026, he executed an open‑market sale of 87 shares at an average price of $290.42 per share under a pre‑arranged Rule 10b5‑1 trading plan. After these transactions, he directly held 2,782.3256 shares of common stock and 2,694 Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 87 shares ($25,267)
Net Sell
4 txns
Insider
Meltzer Jonathan C
Role
EVP, Operations
Sold
87 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 87 | $290.42 | $25K |
| Exercise | Restricted Stock Unit | 243 | $0.00 | -- |
| Exercise | Common Stock | 243 | $0.00 | -- |
| Tax Withholding | Common Stock | 70 | $289.89 | $20K |
Holdings After Transaction:
Common Stock — 2,782.326 shares (Direct);
Restricted Stock Unit — 2,694 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock. 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. The Restricted Stock Units that have vested were part of a grant that vests in three equal annual installments beginning on February 11, 2026. This number reflects the aggregate number of Restricted Stock Units held by the reporting person.
FAQ
What insider transactions did LH executive Jonathan C. Meltzer report?
Jonathan C. Meltzer reported RSU vesting, tax withholding, and a small open-market sale. He exercised 243 Restricted Stock Units into common stock, had 70 shares withheld for taxes, and sold 87 shares the next day under a Rule 10b5-1 trading plan.
What equity did Jonathan C. Meltzer acquire through RSUs in this LH filing?
He acquired 243 shares of Labcorp common stock through the vesting and conversion of 243 Restricted Stock Units. Each RSU represents the right to receive one share. These vested units are part of a grant that vests in three equal annual installments beginning February 11, 2026.
Was Jonathan C. Meltzer’s Labcorp stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 states the sale was made pursuant to a plan in accordance with Rule 10b5-1. Such pre-arranged trading plans allow insiders to sell shares on a predetermined schedule, helping separate trading decisions from day-to-day corporate information.