Abbott Laboratories (NYSE: ABT) VP McCoy receives options and performance stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abbott Laboratories executive John A. McCoy Jr., Vice President and Controller, reported equity awards on February 24, 2026. He acquired an employee stock option for 22,151 options with no purchase price, which vests in three annual installments beginning in 2027. He also received a performance-based restricted stock award of 5,373 common shares that can vest over three years if Abbott meets a minimum return-on-equity target, with shares eligible to be withheld for taxes. Separately, he reported 58 common shares held indirectly in the Abbott Laboratories Stock Retirement Trust as of that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MCCOY JOHN A. JR.
Role
VICE PRESIDENT AND CONTROLLER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (right to buy) | 22,151 | $0.00 | -- |
| Grant/Award | Common shares without par value | 5,373 | $0.00 | -- |
| holding | Common shares without par value | -- | -- | -- |
Holdings After Transaction:
Option (right to buy) — 22,151 shares (Direct);
Common shares without par value — 26,355 shares (Direct);
Common shares without par value — 58 shares (Indirect, Profit Sharing Trust)
Footnotes (1)
- These shares represent a performance-based restricted stock award under the Abbott Laboratories 2017 Incentive Stock Program. The award has a 3-year term, with no more than 1/3 of the award vesting in any one year upon Abbott reaching a minimum return on equity target. The award includes the right to have shares withheld for tax purposes. Balance in the Abbott Laboratories Stock Retirement Trust as of February 24, 2026. Employee stock option granted pursuant to the Abbott Laboratories 2017 Incentive Stock Program in a transaction exempt from Section 16 under Rule 16b-3. The option becomes exercisable in annual increments of 7,383 on February 24, 2027, 7,384 on February 24, 2028, and 7,384 on February 24, 2029.
FAQ
What insider transactions did ABBOTT LABORATORIES (ABT) report for John A. McCoy Jr.?
John A. McCoy Jr. reported equity award acquisitions, not open-market trades. He received 22,151 stock options and a 5,373-share performance-based restricted stock award, plus disclosed 58 indirect shares in the Abbott Laboratories Stock Retirement Trust as of February 24, 2026.
What are the terms of the 22,151 stock options granted to the ABBT executive?
The 22,151 employee stock options were granted under the Abbott Laboratories 2017 Incentive Stock Program. They become exercisable in annual increments of 7,383, 7,384, and 7,384 on February 24, 2027, February 24, 2028, and February 24, 2029, respectively, in a Rule 16b-3 exempt transaction.
What is the indirect ownership reported by the ABBT executive in this Form 4?
The executive reported 58 common shares held indirectly through the Abbott Laboratories Stock Retirement Trust. This reflects the balance in the trust as of February 24, 2026, indicating retirement-related share holdings separate from his directly held equity awards.
Under which plan were the ABT options and restricted stock granted to the executive?
Both the stock options and the performance-based restricted stock award were granted under the Abbott Laboratories 2017 Incentive Stock Program. The option grant is described as exempt from Section 16 under Rule 16b-3, indicating it is part of a standard compensation program.