Form 4: Labcorp Executive Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Sandra D. van der Vaart, EVP and Chief Legal Officer of Labcorp Holdings Inc., reports transactions involving common stock and stock options.

Summary

  • On February 11, 2025, Sandra D. van der Vaart, EVP and Chief Legal Officer of Labcorp Holdings Inc., reported transactions involving the company's stock.
  • These transactions included the acquisition of 323 shares of common stock through the vesting of restricted stock units and the withholding of 86 shares for tax obligations.
  • Van der Vaart also acquired 3,400 non-qualified stock options with an exercise price of $245.14, vesting in three equal annual installments beginning on February 11, 2026, and expiring on February 10, 2035.
  • Additionally, 1,130 restricted stock units were acquired, vesting in three equal annual installments beginning on February 11, 2026.
  • Following these transactions, van der Vaart directly owns 3,484.5397 shares of common stock, 3,400 non-qualified stock options, and 2,257 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing and does not convey any particular sentiment. It simply reports transactions.

Future Outlook

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

Industry Context

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

Stakeholder Impact

  • The transactions reported may be of interest to shareholders as they provide insight into the executive's stake in the company.
  • The transactions have no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
02/11/2023Restricted Stock Units vested in three equal annual installments beginning on this date and are now fully vested.
02/11/2025Date of earliest transaction; Acquisition of common stock and stock options; Vesting of restricted stock units.
02/11/2026First vesting date for new stock options and restricted stock units acquired on 02/11/2025.
02/10/2035Expiration date for non-qualified stock options acquired on 02/11/2025.
02/13/2025Date of Form 4 filing.

Keywords

Form 4, Insider Trading, Stock Options, Restricted Stock Units, LABCORP HOLDINGS INC., LH, Sandra D. van der Vaart, Executive Compensation, Beneficial Ownership

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