Oyegunwa Akinbolade 4

What Happened

• Oyegunwa Akinbolade, EVP, Chief Information & Technology Officer of Labcorp (LH), had Restricted Stock Units (RSUs) convert into common shares. He converted 180 RSUs on Feb 6, 2026 and 149 RSUs on Feb 7, 2026 (total 329 RSUs).
• To satisfy tax withholding, 61 shares were withheld/disposed on Feb 6 at $277.20 ($16,909) and 51 shares were withheld/disposed on Feb 9 at $274.01 ($13,975), totaling about $30,884. The conversion entries show $0 exercise price because these were RSU vest/conversions rather than option purchases.

Key Details

• Transaction dates: RSU conversion 2026-02-06 (180) and 2026-02-07 (149); tax withholding disposals 2026-02-06 (61 @ $277.20) and 2026-02-09 (51 @ $274.01).
• Shares acquired (converted): 329 RSUs → 329 shares. Shares withheld/surrendered for taxes: 112 shares (aggregate withholding ≈ $30,884).
• Footnotes: F1 = each RSU converts to one share; F2 = stock withholding used to satisfy tax obligations; F3/F5 = vesting schedule (units vested in installments and now fully vested); F4 = filing reflects aggregate RSUs held by the reporting person.
• Shares owned after transaction: not specified in this Form 4 (aggregate holdings referenced in footnote).
• Filing: Form 4 filed 2026-02-10 for transactions in early Feb 2026 — appears timely.

Context

• These were RSU vest/conversions, not open-market purchases or voluntary sales; the only shares disposed were surrendered to cover taxes (a common, routine action).
• Derivative code M indicates conversion/exercise of a derivative (RSU). Code F denotes shares withheld for tax obligations.
• No indication of a 10% owner, 10b5-1 plan, or gift; this appears to be routine compensation vesting and tax withholding, not a directional trade signal.