Summy Amy B. 4
Research Summary
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Labcorp (LH) EVP Amy B. Summy Receives Awards
What Happened
- Amy B. Summy, Executive Vice President and Chief Marketing Officer of Labcorp (LH), received equity awards on February 10, 2026: 1,900 employee stock options and 620 restricted stock units (RSUs). The Form 4 shows an acquisition price of $0 for these grants (A = award/grant/other acquisition). These are grants (not sales or exercises), so no cash changed hands at grant.
Key Details
- Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (timely filing).
- Awards: 1,900 employee stock options (derivative) and 620 RSUs.
- Reported acquisition price: $0.00 (grant cost to the grantee as reported).
- Vesting for options: vests in three equal annual installments beginning on the grant date (per footnote).
- Vesting for RSUs: each RSU converts to one share and vests in three equal annual installments beginning February 10, 2027 (per footnotes).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Transaction code: A = Award/Grant. No 10b5-1 plan, tax withholding, or late-filing flags were indicated in the reported items.
Context
- These grants are standard long-term incentive awards: the options give a right to buy shares in the future (subject to vesting and plan terms), while RSUs represent a contingent right to receive shares once vested. Grants are routine compensation for executives and do not by themselves indicate buying or selling sentiment.