Form 4: Labcorp Executive Amy B. Summy Reports Stock Transactions

EVP and Chief Marketing Officer of Labcorp Holdings, Amy B. Summy, reports transactions involving restricted stock units and common stock.

Summary

• Amy B. Summy, EVP and Chief Marketing Officer of Labcorp Holdings Inc., filed a Form 4 detailing changes in beneficial ownership.
• On February 6, 2025, Summy exercised 223 Restricted Stock Units (RSUs) and acquired 223 shares of common stock.
• A tax withholding resulted in the disposal of 73 shares of common stock at a price of $247.74.
• Following these transactions, Summy directly owns 4,468.5 shares of common stock.
• On February 7, 2025, Summy exercised 224 Restricted Stock Units (RSUs) and acquired 224 shares of common stock.
• A tax withholding resulted in the disposal of 68 shares of common stock at a price of $246.27.
• Following these transactions, Summy directly owns 4,624.5 shares of common stock.
• Summy also holds 1,094 Restricted Stock Units that vest in three equal annual installments beginning on February 6, 2025.
• Summy also holds 870 Restricted Stock Units that vest in three equal annual installments beginning on February 7, 2024.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive stock transactions, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Common Stock, Labcorp, Summy, Executive Compensation, Stock Options