Form 4: Labcorp Executive Lance Berberian Reports Stock Transactions
SEC Form 4 Filing
EVP Lance Berberian reports the vesting and subsequent tax withholding of Labcorp stock units.
Summary
- On February 11, 2025, Lance Berberian, EVP at Labcorp Holdings Inc., reported transactions involving Labcorp common stock.
- 323 shares were acquired through the vesting of Restricted Stock Units.
- 86 shares were disposed of to satisfy tax withholding obligations at a price of $245.14 per share.
- Following these transactions, Berberian directly owns 16,680 shares of Labcorp common stock and 1,067 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It allows investors to monitor the actions of company executives and their potential impact on the stock's performance.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| February 11, 2023 | Start date of the vesting of the Restricted Stock Units in three equal annual installments. |
| February 11, 2025 | Date of transaction: vesting of Restricted Stock Units and stock withholding for taxes. |
| February 13, 2025 | Date of report filing. |
Keywords
Labcorp, Insider Trading, Form 4, Stock Transaction, Restricted Stock Units, Executive Compensation, Beneficial Ownership, Berberian
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