LABCORP HOLDINGS INC.·4

Feb 10, 3:34 PM ET

Wang Julia Aijun 4

Research Summary

AI-generated summary

Updated

Labcorp (LH) CFO Julia Wang Exercises RSUs; 254 Shares Withheld

What Happened

  • Julia Aijun Wang, Chief Financial Officer of Labcorp Holdings, had 893 restricted stock units (RSUs) vest and converted to common shares on Feb 6, 2026. To satisfy tax withholding, 254 of those shares were surrendered at $277.20 per share, totaling $70,409. The net shares issued to the insider were 639 (893 vested − 254 withheld).
  • The filing shows the RSU conversion/exercise with no cash exercise price (typical for RSUs). The transaction is reported on a Form 4 filed Feb 10, 2026.

Key Details

  • Transaction date: Feb 6, 2026; Form 4 filed Feb 10, 2026 (appears to meet the usual 2-business-day filing window).
  • RSUs converted: 893 shares; shares withheld for taxes: 254 @ $277.20 = $70,409.
  • Net shares delivered to insider: 639.
  • Codes: M = exercise/conversion of derivative (RSU conversion), F = tax withholding (shares surrendered to satisfy tax).
  • Footnotes: F1 = each RSU equals one share; F2 = stock withholding for tax obligations; F3 = these RSUs are part of a grant that vests in three equal annual installments beginning Feb 6, 2025; F4 = the filing reflects the aggregate number of RSUs held by the reporting person (aggregate count not provided in this summary).
  • Shares owned after transaction: Not specified in the provided excerpt; see the full Form 4 for the insider’s total holdings.

Context

  • RSUs convert to shares upon vesting and commonly have no purchase price; withholding some shares for taxes is a routine administrative step, not an open-market sale for cash proceeds (though it does reduce the number of shares the insider receives).
  • This is not a purchase (which some investors view as a stronger bullish signal). It reflects scheduled vesting and standard tax withholding.

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