Labcorp CEO Adam Schechter Sells 4,669 Shares for $1.5 Million
Schechter maintains a $33 million stake after this pre-scheduled sale under a Rule 10b5-1 plan.
Overview
Adam H. Schechter, President & CEO, sold 4,669 shares of Labcorp Holdings Inc. (NYSE:LH) for approximately $1.5 million on Aug. 11, 2026, according to a SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($320.37); post-transaction value based on Aug. 11, 2026, market close ($322.42).
Details
Labcorp Holdings is one of the largest clinical laboratory networks in the United States, with 71,000 employees and a market capitalization of $26.4 billion. The company leverages its extensive laboratory infrastructure and technological capabilities to maintain a competitive position in the diagnostics market, supported by strong financial performance with TTM revenue of $14.3 billion and net income of $1.0 billion.
Source
Originally published at www.fool.com.