Labcorp (LH) EVP Oyegunwa Akinbolade Receives RSU Award

What Happened Oyegunwa Akinbolade, EVP, Chief Information Officer & Chief Technology Officer of Labcorp Holdings, was granted 750 restricted stock units (RSUs) on September 1, 2026. The Form 4 lists the acquisition price as $0.00 (grant/award), meaning no cash was paid at grant; the RSUs are a derivative compensation award that may convert into shares upon vesting.

Key Details

• Transaction type: Award/Grant (Code A) of 750 RSUs on 2026-09-01 at $0.00.
• Reported aggregate held after transaction: 750 RSUs (per filing footnote).
• Vesting: RSUs vest in three equal annual installments beginning September 1, 2027 (footnote).
• Footnote clarification: Each RSU represents the contingent right to receive one share of Labcorp common stock upon vesting.
• Filing: Form 4 was filed 2026-09-03 (appears timely; no late filing flag indicated).

Context RSU grants are compensation-based awards rather than open-market purchases or sales; they do not require an immediate cash outlay and only convert to stock if and when they vest. Such awards are common for executive compensation and should be viewed as part of pay arrangements rather than direct insider buying or selling.