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