Abbott director granted 367 stock equivalent units
ABBOTT LABORATORIES director Michael F. Roman received a grant of 367 stock equivalent units on Abbott shares as part of his director compensation.
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Rhea-AI Filing Summary
ABBOTT LABORATORIES director Michael F. Roman received a grant of 367 stock equivalent units on Abbott shares as part of his director compensation. These units are credited to a stock equivalent unit account and are generally paid in cash at about age 65 or upon retirement from the board. Following this award, his balance totals 6,283 stock equivalent units, which earn the same return as if the underlying fees were invested in Abbott common shares, including units acquired through a dividend reinvestment feature.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 367 | $102.67 | $38K |
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
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What did Abbott Laboratories (ABT) director Michael F. Roman report in this Form 4?
Are Michael F. Roman’s 367 stock equivalent units in ABT an open-market purchase or sale?
How and when are Abbott (ABT) director stock equivalent units paid out?
How many stock equivalent units in Abbott (ABT) does Michael F. Roman hold after this filing?
Do Abbott (ABT) stock equivalent units for directors include dividend reinvestment?
AI-generated analysis. How Rhea-AI works. Not financial advice.