AbbVie director Rapp acquires 129 stock-linked units
The credited units are distributed over a period equal to board-service years, generally beginning at the later of age 65 or board retirement.
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Rhea-AI Filing Summary
AbbVie Inc. director Edward J. Rapp acquired 129 Stock Equivalent Units on September 30, 2026, as director fees were credited to a stock equivalent unit account under his grantor trust. His reported balance was 29,568 Stock Equivalent Units, including units acquired through dividend reinvestment. The units earn the same return as if the fees were invested in AbbVie stock; distributions generally begin at the later of age 65 or retirement from the board and are spread over a period equal to his years of board service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units F1, F2 | 129 | $261.59 | $34K |
Footnotes (2)
- F1. Director fees credited to a stock equivalent unit account under the director's grantor trust are distributed over a period equal to the director's years of board service, generally commencing at the later of age 65 or upon retirement from the board. The stock equivalent units earn the same return as if the fees were invested in AbbVie stock.
- F2. Balance includes stock equivalent units acquired pursuant to a dividend reinvestment feature.
Key Figures
Key Terms
Stock Equivalent Units financial
grantor trust financial
dividend reinvestment feature financial
FAQ
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How many ABBV Stock Equivalent Units did director Edward J. Rapp acquire?
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