Kyle Kathryn W 4
Research Summary
AI-generated summary
Labcorp EVP Kyle Kathryn W Converts RSUs, 62 Shares Withheld
What Happened
- Kyle Kathryn W, Executive Vice President and Chief Legal Officer of Labcorp Holdings Inc. (LH), had 216 restricted stock units (RSUs convert/vest) on Feb 11, 2026. The RSUs converted into 216 shares; 62 of those shares were withheld to satisfy tax withholding, at $289.89 per share, totaling $17,973. The filing shows the RSU conversion (derivative exercise/conversion, code M) and the tax withholding (code F).
Key Details
- Transaction date: February 11, 2026; Form 4 filed Feb 13, 2026 (appears timely).
- Conversion/exercise: 216 RSUs converted into 216 shares (transaction code M).
- Tax withholding: 62 shares withheld at $289.89/share to satisfy tax obligations, totaling $17,973 (transaction code F; stock withholding).
- Vesting note: These RSUs were part of a grant that vests in three equal annual installments beginning Feb 11, 2026 (first installment).
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes: F1 = each RSU equals one share; F2 = withholding to satisfy tax; F3 = vesting schedule; F4 = refers to aggregate RSUs held (number not shown).
Context
- This was a routine RSU vesting and tax-withholding event, not an open‑market buy or sale. The derivative code M here reflects conversion/settlement of equity awards (RSUs) into shares. The stock withholding (F) is a common cashless method to cover payroll/tax obligations and does not necessarily indicate a change in insider sentiment.