Former Officer Megan D. Bailey Files Form 144 to Sell ~$1.10M in Labcorp Shares
LABCORP HOLDINGS INC.
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Filing Summary
Proposed sale of 3,035 common shares ($1,096,120.60 aggregate market value) by former officer Megan D. Bailey through Fidelity Brokerage Services LLC, following a stock option exercise.
Comprehensive Analysis
Overview
On November 4, 2026, Megan D. Bailey, designated as a Former Officer of Labcorp Holdings Inc. ($LH), filed a Form 144 notice disclosing the intent to sell 3,035 shares of common stock with an aggregate market value of approximately $1,096,120.60.
Transaction Details
- Security: Common Stock
- Number of Shares: 3,035
- Aggregate Market Value: $1,096,120.60 (~$361.16 per share)
- Shares Outstanding: 81,200,000 (proposed sale represents <0.01% of total outstanding shares)
- Acquisition Details: The shares were acquired on November 4, 2026, through a stock option exercise paid in cash from the issuer.
- Broker: Fidelity Brokerage Services LLC
- Prior Sales: No securities sold in the past 3 months.
Market Impact & Significance
This filing carries Low trading significance. Transactions by former officers involving immediate sales upon option exercises are routine post-departure actions to monetize compensation awards. Given the small transaction volume relative to Labcorp's share count and average trading liquidity, the market impact is negligible.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
