Form 4: Labcorp Executive Peter J. Wilkinson Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Peter J. Wilkinson, SVP and Chief Accounting Officer of Labcorp Holdings Inc., reports transactions involving restricted stock units and common stock.

Summary

  • Peter J. Wilkinson, a senior executive at Labcorp Holdings Inc., filed a Form 4 detailing changes in beneficial ownership of company stock.
  • On February 6, 2025, Wilkinson acquired 133 shares of common stock through the vesting of restricted stock units and disposed of 46 shares to cover tax obligations at a price of $247.74 per share, resulting in a net holding of 2,174.2194 shares.
  • On February 7, 2025, Wilkinson acquired 134 shares of common stock through the vesting of restricted stock units and disposed of 46 shares to cover tax obligations at a price of $246.27 per share, resulting in a net holding of 2,262.2194 shares.
  • The reported transactions involve restricted stock units that vest in three equal annual installments.
  • Wilkinson directly owns the reported securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.

Key Dates

DateDescription
05/17/2024LHI became the successor of Laboratory Corporation of America Holdings (LCAH) pursuant to LCAH's reorganization into a new holding company structure.
02/06/2025Date of transaction involving acquisition of 133 shares via restricted stock units and disposal of 46 shares for tax obligations.
02/07/2025Date of transaction involving acquisition of 134 shares via restricted stock units and disposal of 46 shares for tax obligations.
02/10/2025Date of report filing.

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Labcorp, Wilkinson, Executive Compensation

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