Labcorp (LH) EVP Amy Summy converts RSUs, withholds shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Labcorp Holdings Inc. executive Amy B. Summy reported equity compensation activity involving Restricted Stock Units and common stock. On February 11, 2026, 230 Restricted Stock Units were exercised into 230 shares of Labcorp common stock at an exercise price of $0, increasing her directly held common shares to 5,804.5.
On the same date, 83 shares of common stock were automatically withheld at a price of $289.89 per share to cover tax withholding obligations, leaving her with 5,721.5 directly owned shares. The RSUs were part of a grant vesting in three equal annual installments beginning on February 11, 2026, and she held 1,304 Restricted Stock Units after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
230 shares exercised/converted
Mixed
3 txns
Insider
Summy Amy B.
Role
EVP, Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 230 | $0.00 | -- |
| Exercise | Common Stock | 230 | $0.00 | -- |
| Tax Withholding | Common Stock | 83 | $289.89 | $24K |
Holdings After Transaction:
Restricted Stock Unit — 1,304 shares (Direct);
Common Stock — 5,804.5 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. 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 Labcorp (LH) executive Amy B. Summy report?
Amy B. Summy reported exercising 230 Restricted Stock Units into 230 Labcorp common shares at $0 and an automatic withholding of 83 shares at $289.89 to cover taxes. After these transactions, she directly owned 5,721.5 common shares and 1,304 Restricted Stock Units.
What do the Restricted Stock Units reported by Amy B. Summy for Labcorp (LH) represent?
Each Restricted Stock Unit reported by Amy B. Summy represents the contingent right to receive one share of Labcorp common stock. The RSUs are part of an equity grant vesting in three equal annual installments beginning on February 11, 2026, providing equity-based compensation tied to continued service.
How many Labcorp (LH) Restricted Stock Units does Amy B. Summy hold after the reported Form 4 transactions?
Following the February 11, 2026 transactions, Amy B. Summy held 1,304 Restricted Stock Units. This number reflects the aggregate RSUs remaining after 230 units vested and were converted into common stock as part of the scheduled three-year vesting arrangement beginning February 11, 2026.
What is the vesting schedule of Amy B. Summy’s Labcorp (LH) Restricted Stock Units?
The Restricted Stock Units that vested for Amy B. Summy are from a grant that vests in three equal annual installments. Vesting begins on February 11, 2026, with subsequent equal tranches vesting on the same calendar date in the following two years, subject to continued eligibility.