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LABCORP HOLDINGS INC.·4

Feb 10, 3:01 PM ET

GRAHAM ANITA Z 4

Research Summary

AI-generated summary

Updated

Labcorp (LH) EVP Anita Z. Graham Exercises RSUs, Sells Shares for Taxes

What Happened

  • Anita Z. Graham, EVP and Chief Human Resources Officer of Labcorp Holdings, converted (exercised) a total of 694 Restricted Stock Units (RSUs) into common shares — 327 RSUs on 2026-02-06 and 367 RSUs on 2026-02-07. To satisfy tax withholding, 119 shares were withheld on 2026-02-06 (value $32,987) and 112 shares were withheld on 2026-02-09 (value $30,689), for total proceeds/withholding value of $63,676. The RSU conversion entries show $0 exercise price (these were RSUs, not stock options).

Key Details

  • Transaction dates and amounts:
    • 2026-02-06: converted 327 RSUs; 119 shares withheld for taxes at $277.20 → $32,987.
    • 2026-02-07: converted 367 RSUs; 112 shares withheld for taxes on 2026-02-09 at $274.01 → $30,689.
  • Total RSUs converted: 694; total shares withheld for taxes: 231; total withholding value ≈ $63,676.
  • Exercise/conversion entries for the RSUs are reported as derivative transactions with $0 exercise price (typical for RSU settlement).
  • Footnotes:
    • F1: Each RSU = right to receive one share.
    • F2: Stock withholding used to satisfy tax obligations.
    • F3/F5: These RSUs came from grants with multi-year vesting schedules (one grant vests in three annual installments beginning Feb 6, 2025; another began Feb 7, 2024 and is fully vested).
    • F4: Filing notes an aggregate RSU count is reported, but the filing excerpt provided does not give a post-transaction total share/RSU balance.
  • Filing timeliness: Report was filed on 2026-02-10 for events beginning 2026-02-06–02-09; no late filing flag is indicated.

Context

  • This was an RSU settlement with shares withheld to cover taxes (a routine, administrative sale), not an open-market discretionary sale or a cash purchase. Such withholding is common when equity awards vest and does not on its own signal an insider buying or selling for investment reasons.
  • For retail investors: note this is an equity award settlement and tax-related disposition — informative about executive compensation timing but not a directional bet on the stock.

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