Form 4: Labcorp Executive Glenn Eisenberg Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Glenn Eisenberg, Executive Vice President of Labcorp, reports the disposition of shares to cover tax obligations and the vesting of restricted stock units.

Summary

  • On February 11, 2025, Glenn Eisenberg, an Executive Vice President at Labcorp Holdings Inc., reported transactions involving Labcorp's common stock.
  • Eisenberg disposed of 807 shares of common stock upon the vesting of restricted stock units.
  • Additionally, 213 shares were disposed of to satisfy tax withholding obligations at a price of $245.14 per share.
  • Following these transactions, Eisenberg directly owns 33,245 shares of Labcorp common stock and 2,819 restricted stock units.
  • The restricted stock units vested in three equal annual installments beginning on February 11, 2023, and are now fully vested.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock disposals.

Key Dates

DateDescription
02/11/2023Start date of the three equal annual installments for vesting of restricted stock units.
02/11/2025Date of stock disposal due to vesting of restricted stock units and tax obligations.
02/13/2025Date of the report filing.

Keywords

Form 4, Labcorp, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Eisenberg, Executive Compensation

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