Parham Richelle P 4
Research Summary
AI-generated summary
Labcorp (LH) Director Richelle P. Parham Receives RSU Award
What Happened Richelle P. Parham, a director of Labcorp Holdings Inc. (LH), received a grant of 773 restricted stock units (RSUs) on February 10, 2026. The award was recorded at $0.00 per unit (a non-cash, derivative grant). Each RSU represents the contingent right to one share of Labcorp common stock and will convert to shares if/when the RSUs vest.
Key Details
- Transaction date: 2026-02-10; reported on Form 4 filed 2026-02-12 (timely filing).
- Transaction type/code: Award/Grant (A); derivative instrument (RSUs).
- Units granted: 773 RSUs at $0.00 (no upfront cash cost).
- Vesting: RSUs vest fully on February 10, 2027 (Footnote F2).
- Holdings after grant: 773 RSUs held by the reporting person (Footnote F3).
- Footnotes: F1 clarifies 1 RSU = contingent right to 1 share; Exhibit 24 (Power of Attorney) included.
Context RSU grants to directors are a common form of compensation and do not represent an open-market purchase or sale. The economic value to the insider depends on Labcorp’s share price at the vesting date; until vesting, the RSUs are a contingent derivative right rather than actual shares. This filing is informational and does not by itself indicate the insider is buying or selling stock.