AbbVie director granted stock equivalent units
AbbVie Inc. director Edward J. Rapp reported receiving a grant of stock equivalent units as part of his board compensation.
Rhea-AI Filing Summary
AbbVie Inc. director Edward J. Rapp reported receiving a grant of stock equivalent units as part of his board compensation. He acquired 134 stock equivalent units on June 30, 2026 at a reference value of $251.64 per unit, each tied to AbbVie common stock. Following this grant, his reported balance increased to 29,236 stock equivalent units, which earn the same return as if the fees were invested directly in AbbVie stock and include units added through a dividend reinvestment feature. These units are credited to a director grantor trust and are scheduled to be distributed over a period equal to his years of board service, generally beginning at the later of age 65 or retirement from the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 134 | $251.64 | $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
director fees financial
FAQ
What insider transaction did AbbVie (ABBV) director Edward J. Rapp report?
How many AbbVie (ABBV) stock equivalent units does Edward J. Rapp now hold?
What are AbbVie (ABBV) stock equivalent units for directors and how do they work?
When will Edward J. Rapp receive his AbbVie (ABBV) stock equivalent units?
How was the value of AbbVie (ABBV) stock equivalent units determined in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.