van der Vaart Sandra D 4
4 · LABCORP HOLDINGS INC. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
LabCorp EVP Sandra van der Vaart Receives Award; Shares Withheld
What Happened
Sandra D. van der Vaart, Executive Vice President, Corporate Affairs of LabCorp (LH), received 6,382 shares on March 26, 2026 pursuant to a performance award (granted Feb 7, 2023) covering performance through Dec 31, 2025. On the same day 2,722 shares were withheld to satisfy tax obligations at a reported per-share value of $268.38, resulting in proceeds/withholding of approximately $730,530. The award shares were issued (no purchase price); the withholding is a routine tax-related disposition rather than an open-market sale.
Key Details
- Transaction date: March 26, 2026; Form filed March 30, 2026.
- Award: 6,382 shares issued (code A) — acquisition price reported as $0 (stock settled performance award).
- Tax withholding: 2,722 shares withheld (code F) at $268.38 per share; total value ≈ $730,530.
- Footnotes: F1 — award relates to performance for the three-year period ended Dec 31, 2025 (grant date Feb 7, 2023). F2 — shares withheld to satisfy tax withholding obligations.
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: Form filed 4 days after the transaction date; Form 4s are typically due within 2 business days, so investors may want to note the filing delay.
Context
This was a stock settlement of a performance-based equity award with shares withheld to cover taxes (a common, administrative action). It should be read as routine compensation settlement rather than an expressed buy or sell signal by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-26+6,382→ 8,960.947 total - Tax Payment
Common Stock
[F2]2026-03-26$268.38/sh−2,722$730,530→ 6,238.947 total
Footnotes (2)
- [F1]Shares acquired on March 26, 2026, pursuant to a performance award granted on February 7, 2023, relating to performance during the three-year period ended December 31, 2025.
- [F2]Stock withholding to satisfy tax withholding obligations.