LABCORP HOLDINGS INC.·4

Mar 30, 12:42 PM ET

Bailey Megan D. 4

Research Summary

AI-generated summary

Updated

LabCorp (LH) EVP Megan D. Bailey Receives Award; 481 Shares Withheld

What Happened
Megan D. Bailey, EVP and President, Central Labs & International for LabCorp (LH), had a performance-based equity award vest on March 26, 2026. A total of 1,184 shares were issued to her (acquired at $0.00 as an award). To satisfy tax withholding obligations, 481 of those shares were withheld/disposed at $268.38 per share, generating approximately $129,091. Net shares delivered to Bailey were 703 (1,184 granted minus 481 withheld). This was an award vesting and a routine tax withholding—not an open-market buy or sell signaling a trading decision.

Key Details

  • Transaction date: March 26, 2026 (Form 4 filed March 30, 2026; filing appears timely).
  • Award: 1,184 shares issued as a performance award (code A).
  • Withholding: 481 shares withheld/disposed for tax obligations at $268.38/share for ~$129,091 (code F).
  • Net shares received by insider: 703 shares (1,184 − 481).
  • Footnotes: F1 — shares relate to a performance award granted Feb 7, 2023 for the three-year period ended Dec 31, 2025. F2 — stock withholding to satisfy tax withholding obligations.
  • Shares owned after transaction: not specified in the provided filing excerpt.

Context
This is a vesting of a previously granted performance award; the withholding of shares to cover taxes is a common, routine administrative step and does not by itself indicate a decision to sell shares on the open market. For retail investors, purchases can be more informative about insider confidence; award vesting and tax-withholding events are standard compensation mechanics.