Abbott Laboratories (ABT) CFO uses 7,441 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abbott Laboratories EVP and CFO Philip P. Boudreau reported a tax-related share disposition. On February 27, 2026, 7,441 common shares were surrendered at $116.26 per share to cover tax withholding obligations, a non-open-market transaction. After this, he directly held 71,172 common shares and indirectly held 366 shares through a Profit Sharing Trust as of that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Boudreau Philip P
Role
EVP AND CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common shares without par value | 7,441 | $116.26 | $865K |
| holding | Common shares without par value | -- | -- | -- |
Holdings After Transaction:
Common shares without par value — 71,172 shares (Direct);
Common shares without par value — 366 shares (Indirect, Profit Sharing Trust)
Footnotes (1)
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FAQ
What insider transaction did Abbott Laboratories (ABT) report for Philip P. Boudreau?
Abbott Laboratories reported that EVP and CFO Philip P. Boudreau surrendered 7,441 common shares on February 27, 2026. The shares were used to satisfy tax withholding obligations, rather than being sold on the open market, and were priced at $116.26 per share.
What does transaction code F mean in the Abbott (ABT) Form 4 filing?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to pay the exercise price or related tax liabilities. In this case, 7,441 Abbott common shares were used to satisfy tax obligations, not to execute a voluntary open-market sale.
What is the Profit Sharing Trust mentioned in the Abbott (ABT) Form 4?
The Profit Sharing Trust represents an indirect ownership vehicle holding Abbott shares for the insider. As of February 27, 2026, 366 Abbott common shares were held in the Abbott Laboratories Stock Retirement Trust, reported as an indirect holding for Philip P. Boudreau.