Oyegunwa Akinbolade 4

What Happened

• Oyegunwa Akinbolade, EVP, Chief Information & Technology Officer of Labcorp (LH), received 1,340 shares on March 26, 2026 pursuant to a performance award and had 382 of those shares withheld to satisfy tax withholding, generating $102,521. The award was granted Feb 7, 2023 for performance over the three-year period ended Dec 31, 2025.
• Net shares added to Akinbolade’s holdings from this transaction: 1,340 awarded − 382 withheld = 958 net new shares. This was an award vesting (not an open-market purchase) and the withholding is a common tax-related disposition.

Key Details

• Transaction date: 2026-03-26 (reported on Form 4 filed 2026-03-30; filing appears timely).
• Award (Code A): 1,340 shares acquired at $0.00 (performance-based award).
• Tax withholding (Code F): 382 shares disposed at $268.38 each, total $102,521.
• Shares owned after transaction: not specified in the filing excerpt provided.
• Footnotes: F1 confirms shares were earned under a performance award granted 2023-02-07 covering 2023–2025; F2 indicates withheld shares were used to satisfy tax obligations.

Context

• This was a vesting of performance shares rather than a market buy or sell; the withholding is a routine, tax-driven disposition and not necessarily a signal of sentiment. For retail investors, awards increase insider exposure to the company, while withholding simply covers tax liability.