Labcorp (LH) Director Kong Garheng Exercises RSUs; Shares Withheld

What Happened Kong Garheng, a director of Labcorp Holdings Inc. (LH), had 897 Restricted Stock Units (RSUs) vest on February 11, 2026. The RSUs converted into 897 shares (reported as a derivative exercise/conversion, code M) and those 897 shares were immediately surrendered/withheld to cover tax withholding (disposed at $0.00), resulting in no net shares acquired.

Key Details

• Transaction date: February 11, 2026. Form 4 filed February 13, 2026 (timely within the usual 2-business-day window).
• Conversion: 897 RSUs converted to 897 shares (acquisition line shows price N/A — typical for RSU conversion).
• Withholding: 897 shares disposed at $0.00 to satisfy tax withholding. Net new shares = 0.
• Footnotes: F1 — each RSU = right to one share; F2 — RSUs vested fully on 2/11/2026; F3 — number reflects the aggregate RSUs held by the reporting person.
• Transaction codes: M = exercise/conversion of derivative; the disposal reflects tax withholding (shares surrendered rather than a market sale).

Context This was a routine equity compensation event (RSU vesting) with shares withheld for taxes, not an open-market sale or a purchase. Such withholding transactions are common and do not by themselves signal insider buying or selling intent.