Abbott director granted 347 stock equivalent units
Abbott Laboratories director Nita Ahuja received a grant of 347 stock equivalent units on Common Shares as director compensation.
Rhea-AI Filing Summary
Abbott Laboratories director Nita Ahuja received a grant of 347 stock equivalent units on Common Shares as director compensation. These units, valued using a reference price of $90.74 per unit, increased her stock equivalent unit balance to 450 units. Director fees are credited to a stock equivalent unit account and are generally paid in cash at about age 65 or upon retirement from the board. The units earn the same return as if the fees were invested in Abbott shares, and the balance also includes units acquired through a dividend reinvestment feature.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 347 | $90.74 | $31K |
Footnotes (2)
- F1. Director fees credited to a stock equivalent unit account and paid, in cash, generally at age 65 or upon retirement from the board. The stock equivalent units earn the same return as if the fees were invested in Abbott shares.
- F2. Balance includes stock equivalent units acquired pursuant to a dividend reinvestment feature.
Key Figures
Key Terms
Stock Equivalent Units financial
dividend reinvestment feature financial
director fees financial
FAQ
What did Abbott Laboratories (ABT) director Nita Ahuja report on this Form 4?
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AI-generated analysis. How Rhea-AI works. Not financial advice.