Bailey Megan D. 4
Research Summary
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Labcorp EVP Megan Bailey Receives Stock Awards
What Happened
- Megan D. Bailey, EVP and President, Central Labs & International at Labcorp Holdings Inc. (LH), received equity awards on Feb 10, 2026 consisting of 3,300 employee stock options and 1,100 Restricted Stock Units (RSUs). The Form 4 reports these as derivative acquisitions at $0.00 (award/grant), not open-market purchases or sales.
Key Details
- Transaction date: Feb 10, 2026; Form 4 filed Feb 12, 2026 (timely).
- Awards: 3,300 employee stock options (footnote F1) and 1,100 RSUs (footnotes F3, F5).
- Reported price/value: $0.00 for both lines (typical for awarded grants on Form 4).
- Vesting: Options vest in three equal annual installments beginning on the grant date (Feb 10, 2026) (F2). The RSUs vest in three equal annual installments beginning Feb 10, 2027 (F4).
- Shares owned after transaction: The filing does not disclose total common shares held after grant; it does report an aggregate 1,100 RSUs held by the reporting person (F5).
- Transaction code: "A" = award/grant. No immediate sales or cashless exercises reported.
Context
- Employee stock options give the holder the right to buy company shares in the future (subject to vesting and exercise price); RSUs represent a contingent right to receive shares when vested. These grants are a routine form of executive compensation/retention and do not, by themselves, indicate an immediate buy or sell of market stock.