Form 4: Labcorp Executive Megan D. Bailey Reports Stock Transactions
SEC Form 4 Filing
EVP Megan D. Bailey reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- Megan D. Bailey, an Executive Vice President at Labcorp Holdings Inc., reported transactions involving common stock and restricted stock units on April 1, 2025.
- Bailey acquired 4,083 shares of common stock through the vesting of restricted stock units and disposed of 4,813 shares to cover tax obligations at a price of $232.65 per share.
- Additionally, 204 shares were acquired through vesting and 68 shares were disposed of for tax purposes at the same price.
- Following these transactions, Bailey directly owns 3,403 shares of common stock and 2,969 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Start date of vesting in two equal installments for part of the grant. |
| 04/01/2025 | Date of transactions involving common stock and restricted stock units. |
| 04/03/2025 | Date of report filing. |
Keywords
Form 4, Labcorp, Stock Transactions, Restricted Stock Units, Insider Trading, Megan D. Bailey
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