AbbVie (ABBV) director Susan Quaggin receives 1,118 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quaggin Susan E reported acquisition or exercise transactions in this Form 4 filing.
AbbVie Inc. director Susan E. Quaggin received an award of 1,118 restricted stock units under the AbbVie Amended and Restated 2013 Incentive Stock Program. The units will be settled in an equal number of AbbVie common shares upon the earlier of her separation from service, death, or a change in control as defined in the program.
Following this grant, she directly holds 3,643 shares of AbbVie common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Quaggin Susan E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 1,118 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 3,643 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 1,118 units
Shares held after transaction: 3,643 shares
Grant price per share: $0.00 per share
3 metrics
Restricted stock units granted
1,118 units
Grant to director Susan E. Quaggin on May 8, 2026
Shares held after transaction
3,643 shares
Direct AbbVie common stock holdings post-grant
Grant price per share
$0.00 per share
Compensation award, not an open-market purchase
Key Terms
restricted stock units, AbbVie Amended and Restated 2013 Incentive Stock Program, change in control
3 terms
restricted stock units financial
"These are restricted stock units awarded under the AbbVie Amended and Restated 2013 Incentive Stock Program"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
AbbVie Amended and Restated 2013 Incentive Stock Program financial
"awarded under the AbbVie Amended and Restated 2013 Incentive Stock Program (the "Program")"
change in control financial
"on the earlier of the date of the director's separation from service, death, or the occurrence of a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did AbbVie (ABBV) report for Susan E. Quaggin?
AbbVie reported that director Susan E. Quaggin received 1,118 restricted stock units as a grant. These units were awarded under the AbbVie Amended and Restated 2013 Incentive Stock Program and will convert into AbbVie common shares at specific future events.
What are the terms of the restricted stock units granted to AbbVie director Susan E. Quaggin?
The 1,118 restricted stock units will be paid one-for-one in AbbVie common stock. Payment occurs on the earlier of the director’s separation from service, death, or a change in control, as defined in the AbbVie Amended and Restated 2013 Incentive Stock Program.
Under which plan were Susan E. Quaggin’s AbbVie restricted stock units granted?
The restricted stock units were granted under the AbbVie Amended and Restated 2013 Incentive Stock Program. This plan governs the award terms, including payment in AbbVie common stock and the events that trigger settlement of the units.