Form 4: Labcorp CFO Julia Wang Reports Stock Transactions
SEC Form 4 Filing
Julia Wang, CFO of Labcorp Holdings Inc., reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On February 6, 2025, Julia Wang, the Chief Financial Officer and EVP of Labcorp Holdings Inc., had 893 Restricted Stock Units (RSUs) vest.
- These RSUs represent the contingent right to receive one share of Labcorp Holdings Inc. Common Stock each.
- Following the vesting, 336 shares were withheld to satisfy tax obligations at a price of $247.74 per share.
- After these transactions, Ms. Wang directly owns 557 shares of common stock and 1,787 Restricted Stock Units.
- The vested Restricted Stock Units were part of a grant that vests in three equal annual installments beginning on February 6, 2025.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting and tax withholding of executive stock compensation.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of earliest transaction, vesting of Restricted Stock Units, and tax withholding. |
| 02/06/2025 | First vesting date of the Restricted Stock Units in three equal annual installments. |
| 02/10/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Labcorp, Julia Wang, CFO, Restricted Stock Units, RSU, Stock withholding, Beneficial Ownership
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