Labcorp Files DEF 14A: Executive Compensation & Governance
Ticker: LH · Form: DEF 14A · Filed: 2024-04-04T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
TL;DR
Labcorp's DEF 14A is out, detailing exec pay and board stuff. Check it for governance insights.
AI Summary
Laboratory Corporation of America Holdings (Labcorp) filed its DEF 14A on April 4, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation, board of directors, and other corporate governance matters. Key information includes details on stock awards, option awards, and changes in pension values for covered employees.
Why It Matters
This filing provides transparency into how Laboratory Corporation of America Holdings compensates its top executives and outlines the company's governance structure, which can influence investor decisions.
Risk Assessment
Risk Level: low — DEF 14A filings are routine disclosures of corporate governance and executive compensation, not typically indicating immediate financial risk.
Key Numbers
- 2023-12-31 — Fiscal Year End (Reporting period for the filing)
- 20240404 — Filing Date (Date the DEF 14A was submitted to the SEC)
Key Players & Entities
- Laboratory Corporation of America Holdings (company) — Filer
- Labcorp (company) — Common name for filer
- 0000920148 (company) — Central Index Key
- 358 S MAIN ST (location) — Company Business Address
- BURLINGTON (location) — Company City
- NC (location) — Company State
- 27215 (location) — Company Zip Code
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation plans.
Who is the filer of this DEF 14A?
The filer is LABORATORY CORP OF AMERICA HOLDINGS, with Central Index Key 0000920148.
What is the fiscal year end for the reporting period?
The fiscal year end for the reporting period is December 31, 2023.
When was this DEF 14A filed?
This DEF 14A was filed on April 4, 2024.
What are some of the specific compensation-related details mentioned in the filing's table of contents?
The filing's table of contents mentions details related to 'ChangeInPensionValueReportedInSctForCoveredYear', 'YearOverYearChangeInFairValueAsOfTheLastDayOfTheCoveredYearOfOutstandingAndUnvestedEquityAwards', 'YearEndFairValueOfEquityAwardsGrantedDuringTheCoveredYear', and 'StockAwardValueOptionAwardValueReportedInSctForTheCoveredYear'.
From the Filing
0001193125-24-087342.txt : 20240404 0001193125-24-087342.hdr.sgml : 20240404 20240404170130 ACCESSION NUMBER: 0001193125-24-087342 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 121 CONFORMED PERIOD OF REPORT: 20240514 FILED AS OF DATE: 20240404 DATE AS OF CHANGE: 20240404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LABORATORY CORP OF AMERICA HOLDINGS CENTRAL INDEX KEY: 0000920148 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 133757370 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11353 FILM NUMBER: 24823826 BUSINESS ADDRESS: STREET 1: 358 S MAIN ST CITY: BURLINGTON STATE: NC ZIP: 27215 BUSINESS PHONE: 3362291127 MAIL ADDRESS: STREET 1: 358 S MAIN ST CITY: BURLINGTON STATE: NC ZIP: 27215 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL HEALTH LABORATORIES HOLDINGS INC DATE OF NAME CHANGE: 19940314 DEF 14A 1 d545034ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0000920148 0000920148 2023-01-01 2023-12-31 0000920148 2020-01-01 2020-12-31 0000920148 2021-01-01 2021-12-31 0000920148 2022-01-01 2022-12-31 0000920148 lh:ChangeInPensionValueReportedInSctForCoveredYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000920148 lh:YearOverYearChangeInFairValueAsOfTheLastDayOfTheCoveredYearOfOutstandingAndUnvestedEquityAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000920148 lh:YearEndFairValueOfEquityAwardsGrantedDuringTheCoveredYearThatRemainOutstandingAndUnvestedAsOfLastDayOfTheCoveredYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000920148 lh:StockAwardValueOptionAwardValueReportedInSctForTheCoveredYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000920148 lh:YearOverYearChangeInFairValueAsOfTheVestingDateOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheCoveredYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000920148 lh:YearOverYearChangeInFairValueAsOfTheVestingDateOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheCoveredYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000920148 lh:YearOverYearChangeInFairValueAsOfTheLastDayOfTheCoveredYearOfOutstandingAndUnvestedEquityAwardsGrantedInPriorYearsMember ecd:PeoMember 2020-01-01 2020-12-31 0000920148 lh:YearEndFairValueOfEquityAwardsGrantedDuringTheCoveredYearThatRemainOutstandingAndUnvestedAsOfLastDayOfTheCoveredYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000920148 lh:StockAwardValueOptionAwardValueReportedInSctForTheCoveredYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000920148 lh:YearEndFairValueOfEquityAwardsGrantedDuringTheCoveredYearThatRemainOutstandingAndUnvestedAsOfLastDayOfTheCoveredYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000920148 lh:StockAwardValueOptionAwardValueReportedInSctForTheCoveredYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000920148 lh:YearOverYearChangeInFairValueAsOfTheLastDayOfTheCoveredYearOfOutstandingAndUnvestedEquityAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000920148 lh:YearOverYearChangeInFairValueAsOfTheVestingDateOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheCoveredYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000920148 lh:YearEndFairValueOfEquityAwardsGrantedDuringTheCoveredYearThatRemainOutstandingAndUnvestedAsOfLastDayOfTheCoveredYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000920148 lh:StockAwardValueOptionAwardValueReportedInSctForTheCoveredYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000920148 lh:YearOverYearChangeInFairValueAsOfTheVestingDateOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheCoveredYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000920148 lh:YearOverYearChangeInFairValueAsOfTheLastDayOfTheCoveredYearOfOutstandingAndUnvestedEquityAwardsGrantedInPriorYearsMember ecd:PeoMember 2021-01-01 2021-12-31 0000920148 lh:ValueOfDividendsOrOtherEarningsPaidOnStockOrOptionAwardsNotOtherwiseReflectedInFairValueOrTotalCom