Form 4: Labcorp Executive Megan D. Bailey Reports Stock Transactions
SEC Form 4
Megan D. Bailey, EVP, Pres, Central Labs & Intl at Labcorp Holdings Inc., reports transactions involving common stock and restricted stock units.
Summary
- On February 6, 2025, Megan D. Bailey exercised 180 Restricted Stock Units (RSUs) and sold 70 shares to cover tax obligations at a price of $247.74.
- Following these transactions on February 6, 2025, Bailey directly owns 616 shares of common stock and 6,337 RSUs.
- On February 7, 2025, Bailey exercised 224 RSUs and sold 85 shares to cover tax obligations at a price of $246.27.
- Also on February 7, 2025, Bailey exercised 67 RSUs and sold 22 shares to cover tax obligations at a price of $246.27.
- Following these transactions on February 7, 2025, Bailey directly owns 730 shares of common stock, and 6,046 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they involve a small number of shares relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/07/2024 | Date that Restricted Stock Units vest in three equal annual installments. |
| 02/06/2025 | Date of first reported transaction: exercise of 180 RSUs and sale of 70 shares. |
| 02/06/2025 | Date that Restricted Stock Units vest in three equal annual installments. |
| 02/07/2025 | Date of second reported transaction: exercise of 224 RSUs and sale of 85 shares. |
| 02/07/2025 | Date of third reported transaction: exercise of 67 RSUs and sale of 22 shares. |
| 02/10/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Labcorp, Megan D. Bailey, Stock Transactions, Restricted Stock Units, Insider Trading
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