Labcorp (NYSE: LH) CEO receives 58,470-share award, 26,106 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LABCORP HOLDINGS INC. President & CEO Adam H. Schechter received a grant of 58,470 shares of Common Stock on March 26, 2026, as a performance award tied to results for the three-year period ended December 31, 2025. To cover related tax obligations, 26,106 shares of Common Stock were withheld at $268.38 per share rather than sold in the open market. After these compensation and tax-withholding entries, Schechter directly holds 113,137 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schechter Adam H
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 58,470 | $0.00 | -- |
| Tax Withholding | Common Stock | 26,106 | $268.38 | $7.01M |
Holdings After Transaction:
Common Stock — 139,243 shares (Direct)
Footnotes (1)
- Shares acquired on March 26, 2026, pursuant to a performance award granted on February 7, 2023, relating to performance during the three-year period ended December 31, 2025. Stock withholding to satisfy tax withholding obligations.
Key Figures
Performance shares granted: 58,470 shares
Tax withholding shares: 26,106 shares
Withholding reference price: $268.38 per share
+2 more
5 metrics
Performance shares granted
58,470 shares
Common Stock grant on March 26, 2026
Tax withholding shares
26,106 shares
Withheld to satisfy tax obligations
Withholding reference price
$268.38 per share
Value used for tax withholding shares
Post-transaction holdings
113,137 shares
Common Stock directly owned after transactions
Performance period end
December 31, 2025
Three-year performance period for the award
Key Terms
performance award, three-year period, tax withholding obligations, Common Stock, +1 more
5 terms
performance award financial
"pursuant to a performance award granted on February 7, 2023"
three-year period financial
"relating to performance during the three-year period ended December 31, 2025"
tax withholding obligations financial
"Stock withholding to satisfy tax withholding obligations"
Common Stock financial
"security_title: Common Stock for both transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: non-derivative for both entries"
FAQ
What did Labcorp (LH) CEO Adam Schechter report in this Form 4 filing?
Adam Schechter reported a performance-based share award and related tax withholding. He received 58,470 shares of Labcorp Common Stock, with 26,106 shares withheld to satisfy tax obligations. Following these entries, his direct Common Stock holdings total 113,137 shares.
What are Adam Schechter’s Labcorp (LH) holdings after this Form 4?
After the performance share award and tax withholding, Adam Schechter directly owns 113,137 shares of Labcorp Common Stock. This figure reflects his updated position following both the grant of 58,470 shares and the withholding of 26,106 shares for taxes.
Is this Labcorp (LH) Form 4 a market purchase or sale by the CEO?
No, the filing reflects compensation and tax withholding events rather than open-market trades. Schechter received 58,470 performance-based shares at no cost, and 26,106 shares were withheld to cover taxes, a common non-market mechanism for equity awards.