Adam H. Schechter - Feb 11, 2025 Form 4 Insider Report for LABCORP HOLDINGS INC. (LH)

Signature
/s/ Sandra D. van der Vaart, Attorney-in-Fact for Adam H. Schechter
Stock symbol
LH
Transactions as of
Feb 11, 2025
Transactions value $
-$1,797,861
Form type
4
Date filed
2/13/2025, 11:49 AM
Previous filing
Feb 10, 2025
Next filing
Mar 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LH Common Stock Sale -$1.5M -6.12K -6.61% $244.62 86.4K Feb 11, 2025 Direct F1
transaction LH Common Stock Options Exercise +2.96K +3.43% 89.4K Feb 11, 2025 Direct F2
transaction LH Common Stock Tax liability -$301K -1.23K -1.37% $245.14 88.2K Feb 11, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LH Non-qualified Stock Options Award $0 +33.1K $0.00 33.1K Feb 11, 2025 Common Stock 33.1K $245.14 Direct F4, F5
transaction LH Restricted Stock Unit Award $0 +11K +72.5% $0.00 26.1K Feb 11, 2025 Common Stock 11K Direct F2, F6, F7
transaction LH Restricted Stock Unit Options Exercise $0 -2.96K -11.35% $0.00 23.1K Feb 11, 2025 Common Stock 2.96K Direct F2, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
F2 Each Restricted Stock Unit represents the contingent right to receive one share of Labcorp Holdings Inc. Common Stock.
F3 Stock withholding to satisfy tax withholding obligations.
F4 Employee stock option (right to buy) granted pursuant to the Labcorp Holdings Inc. Amended and Restated 2016 Omnibus Incentive Plan.
F5 The option vests in three equal annual installments beginning on the date reflected in this column.
F6 The Restricted Stock Units vest in three equal annual installments beginning on February 11, 2026.
F7 This number reflects the aggregate number of Restricted Stock Units held by the reporting person.
F8 The Restricted Stock Units vested in three equal annual installments beginning on February 11, 2023 and are now fully vested.