Form 4: Labcorp EVP, CHRO Anita Z. Graham Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Anita Z. Graham, EVP, CHRO of Labcorp Holdings Inc., reports the vesting and disposal of restricted stock units to cover tax obligations.

Summary

  • On February 6, 2025, Anita Z. Graham, EVP, CHRO of Labcorp Holdings Inc., vested 326 restricted stock units and disposed of 618 common stock.
  • Also on February 6, 2025, 118 shares were withheld to satisfy tax obligations at a price of $247.74.
  • On February 7, 2025, Graham vested 369 restricted stock units and disposed of 869 common stock.
  • Additionally on February 7, 2025, 119 shares were withheld to satisfy tax obligations at a price of $246.27.
  • Following these transactions, Graham directly owns 500 shares of common stock and 750 shares of common stock.
  • Graham also holds 1,390 and 1,021 restricted stock units respectively.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading.
  • The transactions reported are typical for executives who receive stock-based compensation, such as restricted stock units.
  • Similar filings can be observed across the healthcare and diagnostics industry for companies like Quest Diagnostics (DGX) and Bio-Rad Laboratories (BIO).

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership of shares.
  • The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

DateDescription
05/17/2024LHI became the successor of Laboratory Corporation of America Holdings (LCAH) pursuant to LCAH's reorganization.
02/06/2025Date of earliest transaction: vesting of 326 Restricted Stock Units and disposal of 618 common stock; 118 shares withheld for tax obligations.
02/07/2025Vesting of 369 Restricted Stock Units and disposal of 869 common stock; 119 shares withheld for tax obligations.
02/10/2025Date of signature for the Form 4 filing.

Keywords

Labcorp Holdings Inc., Anita Z. Graham, Restricted Stock Units, Common Stock, Form 4, EVP, CHRO, Vesting, Tax Withholding

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