Abbott (ABT) EVP Cushman disposes 560 shares for tax withholding, retains 38,013
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abbott Laboratories executive Elizabeth C. Cushman reported a routine tax-related share disposition. On this Form 4, she surrendered 560 common shares at a value of $94.12 per share to cover tax obligations.
After this tax-withholding disposition, she directly holds 38,013 Abbott common shares, so the transaction represents a small portion of her overall reported holdings and does not reflect an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cushman Elizabeth C.
Role
EVP, GC AND SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common shares without par value | 560 | $94.12 | $53K |
Holdings After Transaction:
Common shares without par value — 38,013 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withheld shares: 560 shares
Share value for withholding: $94.12 per share
Shares held after transaction: 38,013 shares
3 metrics
Tax-withheld shares
560 shares
Common shares delivered for tax liability
Share value for withholding
$94.12 per share
Value used for 560-share tax disposition
Shares held after transaction
38,013 shares
Direct Abbott common share ownership post-transaction
Key Terms
Form 4, tax-withholding disposition, transaction code F, common shares
4 terms
Form 4 regulatory
"Elizabeth C. Cushman reported a routine tax-related share disposition on this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax-withholding disposition financial
"she surrendered 560 common shares ... in a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
transaction code F regulatory
"Transaction code F denotes payment of an exercise price or tax liability by delivering securities"
FAQ
What did Abbott Laboratories EVP Elizabeth C. Cushman report on this Form 4 for ABT?
Elizabeth C. Cushman reported a tax-withholding disposition of 560 Abbott common shares. The shares were used to satisfy tax obligations, not sold on the open market, and she continues to directly hold 38,013 common shares after the transaction.
Was Elizabeth C. Cushman’s Abbott (ABT) transaction an open-market sale or a tax withholding?
The transaction was a tax-withholding disposition, not an open-market sale. Code F indicates shares were delivered to satisfy tax liability, meaning 560 shares were withheld while she retained 38,013 Abbott common shares afterward.
What does transaction code F mean in Elizabeth C. Cushman’s Abbott (ABT) Form 4?
Transaction code F denotes payment of an exercise price or tax liability by delivering securities. In this case, 560 Abbott common shares were used to cover taxes at $94.12 per share, rather than being sold on the open market for cash proceeds.