AbbVie director receives 1,118 restricted stock units
AbbVie Inc. director Jennifer L. Davis received an equity-based compensation award rather than buying shares on the market.
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Rhea-AI Filing Summary
AbbVie Inc. director Jennifer L. Davis received an equity-based compensation award rather than buying shares on the market. She was granted 1,118 restricted stock units under AbbVie’s Amended and Restated 2013 Incentive Stock Program, increasing her reported direct holdings to 3,643 common shares. These units will convert into AbbVie stock on a one-to-one basis upon her separation from service, death, or a qualifying change in control, aligning her compensation more closely with long-term shareholder value.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 1,118 | $0.00 | $0.00 |
Footnotes (1)
- F1. These are restricted stock units awarded under the AbbVie Amended and Restated 2013 Incentive Stock Program (the "Program"). They will be paid, on a one-to-one basis, in shares of AbbVie common stock on the earlier of the date of the director's separation from service, death, or the occurrence of a change in control (as defined in the Program).
Key Figures
Key Terms
restricted stock units financial
Amended and Restated 2013 Incentive Stock Program financial
change in control financial
FAQ
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What did AbbVie (ABBV) director Jennifer L. Davis report in this Form 4?
How many AbbVie (ABBV) restricted stock units did Jennifer L. Davis receive?
What are Jennifer L. Davis’s AbbVie (ABBV) holdings after this Form 4 transaction?
How do the AbbVie (ABBV) restricted stock units for Jennifer L. Davis vest or pay out?
AI-generated analysis. How Rhea-AI works. Not financial advice.