Wilkinson Peter J 4

What Happened

• Peter J. Wilkinson, Senior Vice President and Chief Accounting Officer of Labcorp Holdings Inc. (LH), had Restricted Stock Units (RSUs) convert to common stock on Feb. 6–7, 2026 (267 RSUs total: 133 + 134). To satisfy tax withholding, 91 of the resulting shares were sold (45 shares at $277.20 for $12,474 on Feb. 6; 46 shares at $274.01 for $12,604 on Feb. 9), yielding about $25,078 in proceeds. The conversion entries show $0 as the derivative exercise price (typical for RSU settlement).

Key Details

• Transaction dates and actions:
  • 2026-02-06: 133 RSUs converted to 133 shares; 45 shares withheld/sold at $277.20 = $12,474 (tax withholding).
  • 2026-02-07: 134 RSUs converted to 134 shares; 46 shares withheld/sold at $274.01 = $12,604 (tax withholding reported 2026-02-09).
• Net shares from this vesting: 267 vested − 91 withheld = 176 shares retained from this settlement.
• Footnotes: F1–F5 indicate these were RSUs (each equals one share on vesting), withholding was to satisfy taxes, and the RSU grant vested in scheduled installments (some grants now fully vested).
• Filing: Report filed 2026-02-10; timing appears consistent with standard Form 4 deadlines (no late-filing flag shown).

Context

• This was a routine RSU vest-and-withhold transaction (code M for conversion/exercise of derivative and code F for tax withholding). The withholding/sale of shares to cover taxes is common and does not necessarily signal a change in insider sentiment. The filing shows conversion of RSUs and a cashless sell-to-cover for tax obligations.