Meltzer Jonathan C 4
4 · LABCORP HOLDINGS INC. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Labcorp (LH) EVP Jonathan Meltzer Receives RSUs, Sells Shares
What Happened
- Jonathan C. Meltzer, EVP, Operations at Labcorp Holdings Inc. (LH), had Restricted Stock Units (RSUs) convert to common stock on Feb 6–7, 2026 (267 and 263 shares respectively; total 530 shares). To satisfy tax withholding, 173 shares were surrendered (91 shares at $277.20 = $25,225; 82 shares at $274.01 = $22,469). Separately, 88 shares were sold in an open‑market transaction on Feb 9, 2026 at $275.53 for proceeds of $24,247. Total reported proceeds/dispositions from these actions were about $71,941. The RSU conversions show $0 exercise price (conversion of award into shares).
Key Details
- Transaction dates and prices:
- Feb 6, 2026: 267 RSUs converted to shares (disposition entry at $0.00).
- Feb 7, 2026: 263 RSUs converted to shares (disposition entry at $0.00).
- Feb 6, 2026: 91 shares withheld for taxes at $277.20 (value $25,225).
- Feb 9, 2026: 88 shares sold open market at $275.53 (proceeds $24,247).
- Feb 9, 2026: 82 shares withheld for taxes at $274.01 (value $22,469).
- Shares after transactions: From this vesting event Meltzer received 530 shares, 261 were disposed (173 withheld + 88 sold), leaving roughly 269 newly issued shares retained from the vesting. The filing does not list his full total holdings of company stock.
- Footnotes/other notes:
- F1: Each RSU converts to one share.
- F2: Stock withholding was used to satisfy tax obligations.
- F3: The open‑market sale was executed under a prearranged Rule 10b5‑1 plan.
- F4/F6: The RSUs were part of a grant that vests in two equal annual installments beginning Feb 6, 2026; vesting occurred Feb 6–7, 2026.
- Filing timeliness: Reported on Feb 10, 2026 for transactions on Feb 6–9 — filed within the standard two business‑day Form 4 window.
Context
- These were RSU vesting/conversion events (derivative conversion), not open purchases of stock. The use of share withholding to cover taxes and a 10b5‑1 plan sale are common, routine post‑vesting actions and do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
Form 4
Meltzer Jonathan C
EVP, Operations
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-06+267→ 2,785.326 total - Tax Payment
Common Stock
[F2]2026-02-06$277.20/sh−91$25,225→ 2,694.326 total - Exercise/Conversion
Common Stock
[F1]2026-02-07+263→ 2,957.326 total - Sale
Common Stock
[F3]2026-02-09$275.53/sh−88$24,247→ 2,869.326 total - Tax Payment
Common Stock
[F2]2026-02-09$274.01/sh−82$22,469→ 2,787.326 total - Exercise/Conversion
Restricted Stock Unit
[F1][F4][F5]2026-02-06−267→ 2,580 total→ Common Stock (267 underlying) - Exercise/Conversion
Restricted Stock Unit
[F1][F6][F5]2026-02-07−263→ 2,317 total→ Common Stock (263 underlying)
Footnotes (6)
- [F1]Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock.
- [F2]Stock withholding to satisfy tax withholding obligations.
- [F3]Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
- [F4]The Restricted Stock Units that have vested were part of a grant that vests in two equal annual installments beginning on February 6, 2026.
- [F5]This number reflects the aggregate number of Restricted Stock Units held by the reporting person.
- [F6]The Restricted Stock Units vested on February 7, 2026.
Signature
/s/ Kathryn W. Kyle, Attorney-in-Fact for Jonathan C. Meltzer|2026-02-10