Caveney Brian J 4
4 · LABCORP HOLDINGS INC. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
LabCorp (LH) EVP Brian Caveney Receives Performance Award; Shares Withheld
What Happened
Brian J. Caveney, EVP and President of Environmental Diagnostics, CMO & CSO of LabCorp (LH), was issued performance-based awards on March 26, 2026 totaling 11,290 shares (9,304 and 1,986 shares; acquired at $0.00 as awards). To satisfy tax withholding obligations, 4,905 of those shares were delivered (disposed) at $268.38 per share — 4,042 shares (proceeds $1,084,792) and 863 shares (proceeds $231,612) — totaling $1,316,404.
Key Details
- Transaction date: March 26, 2026; Form 4 filed March 30, 2026 (appears timely — within two business days).
- Award details: 9,304 shares (performance award granted Feb 7, 2023) and 1,986 shares (performance award granted May 5, 2023), each covering performance for the three-year period ended Dec 31, 2025 (footnotes F1, F3).
- Withholding: 4,905 shares were withheld to satisfy tax obligations (footnote F2); disposition price reported at $268.38 per share.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Filing accession: 0000920148-26-000123.
Context
These transactions are award issuances (not purchases) and routine tax-withholding dispositions (not open-market sales). The awards reflect vested performance results for the 2023–2025 performance period; the withheld shares simply satisfied tax liabilities rather than indicating an investment decision.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-26+9,304→ 39,410.923 total - Tax Payment
Common Stock
[F2]2026-03-26$268.38/sh−4,042$1,084,792→ 35,368.923 total - Award
Common Stock
[F3]2026-03-26+1,986→ 37,354.923 total - Tax Payment
Common Stock
[F2]2026-03-26$268.38/sh−863$231,612→ 36,491.923 total
Footnotes (3)
- [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.
- [F3]Shares acquired on March 26, 2026, pursuant to a performance award granted on May 5, 2023, relating to performance during the three-year period ended December 31, 2025.