Wilkinson Peter J 4

What Happened

• Peter J. Wilkinson, Senior Vice President and Chief Accounting Officer of Labcorp (LH), had Restricted Stock Units (RSUs) vest on Feb 11, 2026. A total of 696 RSUs vested (536 + 160).
• To satisfy tax withholding, 206 shares were withheld (160 + 46) and valued at $289.89 per share, totaling $46,382 and $13,335 respectively (combined ≈ $59,717). The remaining shares (about 490) were issued to him net of withholding.
• This is the issuance/vesting of an equity award (routine receipt of compensation), not an open-market buy or speculative sale.

Key Details

• Transaction date: February 11, 2026; Form 4 filed Feb 13, 2026 (appears timely under the Form 4 reporting window).
• Vesting: 696 RSUs converted to common shares (reported as derivative exercise/conversion, code M).
• Tax withholding: 206 shares withheld (reported as payment of tax liability, code F) at $289.89 per share; total withheld ≈ $59,717.
• Footnotes:
  • F1: Each RSU equals the contingent right to one Labcorp common share.
  • F2: Stock withholding was used to satisfy tax obligations.
  • F3: These RSUs are part of a grant that vests in three equal annual installments beginning Feb 11, 2026.
  • F4: The filing reflects the aggregate number of RSUs held by the reporting person.
• Shares owned after the transaction: the filing does not state total common shares held by Wilkinson; approximately 490 shares were issued to him net of withholding from this vesting event.

Context

• This was a vesting/settlement of RSUs with share withholding for taxes (a routine compensation event), not a market purchase or a discretionary sale. Such withholding is common and typically does not signal an insider view on the stock’s near-term prospects.
• Code explanations: M indicates exercise/conversion of a derivative (here, conversion of RSUs to shares); F indicates shares disposed to satisfy tax withholding.