Labcorp CEO Adam Schechter Sells 4,669 Shares for $1.5 Million
Labcorp CEO Adam Schechter sold 4,669 shares of the company's stock for approximately $1.5 million on August 11, 2026. This transaction, executed under a Rule 10b5-1 plan, represents about 4% of his direct holdings and is considered routine portfolio management, not a change in outlook. Schechter retains 102,565 shares valued at $33 million, and the company continues to show strong financial performance with rising revenue and operating profits.
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Attributed market update with source link for portfolio context.