Oyegunwa Akinbolade 4

What Happened
Oyegunwa Akinbolade, EVP, CIO & CTO of Labcorp Holdings, had 230 restricted stock units (RSUs) convert into common shares on February 11, 2026. The vested RSUs are worth about $66,675 in total (230 × $289.89). To satisfy tax withholding, 68 shares were withheld (disposed) at $289.89 per share for $19,713, leaving a net 162 shares issued to Akinbolade (net value ≈ $46,962). This was a vesting/net-settlement of compensation awards, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely, within required reporting window).
• Codes: M = exercise/conversion of derivative (RSU vesting/conversion); F = stock withholding to satisfy tax obligations.
• Shares vested/converted: 230; Shares withheld for taxes: 68 at $289.89 each = $19,713; Net shares delivered: 162.
• Total value of vested shares (approx): $66,675; Net value retained (approx): $46,962.
• Footnotes: F1 = each RSU equals one share; F2 = withholding to satisfy tax; F3 = these RSUs are part of a grant that vests in three equal annual installments starting Feb 11, 2026; F4 = number reflects aggregate RSUs held by the reporting person.
• Shares owned after the transaction are not explicitly listed in the excerpt; the filing notes aggregate RSU holdings per F4.

Context
This was a routine compensation vesting and tax-withholding event (net settlement of RSUs), not an open-market sale or directional purchase. Such withholding transactions are standard and do not necessarily indicate insider buying or selling sentiment.