AbbVie (NYSE: ABBV) director awarded 1,118 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WADDELL FREDERICK H reported acquisition or exercise transactions in this Form 4 filing.
AbbVie Inc. director Frederick H. Waddell received an equity grant of 1,118 shares of AbbVie common stock in the form of restricted stock units. The award was granted at no cash cost to him as part of AbbVie’s incentive stock program.
The restricted stock units will be settled on a one-to-one basis in AbbVie shares upon the earlier of his separation from service, death, or a change in control as defined in the program. Following this grant, he directly holds 30,076 AbbVie shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WADDELL FREDERICK H
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 — 30,076 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,118 shares
Grant price per share: $0.0000 per share
Shares after transaction: 30,076 shares
+2 more
5 metrics
RSU grant size
1,118 shares
Restricted stock units awarded to director on 2026-05-08
Grant price per share
$0.0000 per share
Equity award granted at no cash cost
Shares after transaction
30,076 shares
Direct AbbVie holdings following RSU grant
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Transaction date
2026-05-08
Date of restricted stock unit grant
Key Terms
restricted stock units, Incentive Stock Program, change in control, Grant, award, or other acquisition, +1 more
5 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.
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock, $0.01 par value financial
"security_title: Common Stock, $0.01 par value"
FAQ
What insider transaction did AbbVie (ABBV) director Frederick H. Waddell report?
Frederick H. Waddell reported receiving 1,118 restricted stock units of AbbVie common stock as an equity award. These units were granted at no cash cost under AbbVie’s 2013 Incentive Stock Program as part of his compensation for board service.
What are the terms of the restricted stock units granted to AbbVie (ABBV) director Waddell?
The 1,118 restricted stock units will be paid in AbbVie shares on a one-to-one basis. Payment occurs on the earlier of Waddell’s separation from service, his death, or a change in control, as defined under AbbVie’s Amended and Restated 2013 Incentive Stock Program.
Was cash involved in Frederick H. Waddell’s AbbVie (ABBV) Form 4 transaction?
No cash changed hands in this transaction. The Form 4 shows an equity award coded as “A,” indicating a grant or other acquisition, with a price per share of 0.0000, typical for restricted stock unit grants made as part of director compensation.
Does the AbbVie (ABBV) Form 4 show any stock sales by Frederick H. Waddell?
The Form 4 does not report any stock sales by Frederick H. Waddell. It only shows an acquisition of 1,118 restricted stock units as a grant, with no corresponding dispositions or open-market sales disclosed in this particular filing.