Director at Abbott Laboratories (NYSE: ABT) awarded 2,286 share-linked units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abbott Laboratories director Patricia Paola Gonzalez received an equity award tied to 2,286 common shares. The Form 4 shows an acquisition coded as a grant or award, with no cash price per share, reflecting stock-based compensation rather than an open-market purchase.
According to the footnote, this is a restricted stock unit award under the Abbott Laboratories 2026 Incentive Stock Program and will be paid in Abbott common shares on a one-to-one basis upon the earlier of the director’s separation from service, death, or a change in control as defined in the program. Following this award, Gonzalez directly holds 9,205 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gonzalez Patricia Paola
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common shares without par value | 2,286 | $0.00 | -- |
Holdings After Transaction:
Common shares without par value — 9,205 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award size: 2,286 shares
Transaction price per share: $0.00
Shares held after grant: 9,205 shares
3 metrics
Equity award size
2,286 shares
Restricted stock unit award linked to common shares
Transaction price per share
$0.00
Grant or award acquisition, non-cash compensation
Shares held after grant
9,205 shares
Direct common share holdings following the transaction
Key Terms
Restricted stock unit, Incentive Stock Program, change in control
3 terms
Restricted stock unit financial
"Restricted stock unit award granted under the Abbott Laboratories 2026 Incentive Stock Program"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Incentive Stock Program financial
"granted under the Abbott Laboratories 2026 Incentive Stock Program (the "Program")"
change in control financial
"death, or the occurrence of a change in control (as defined in the Program)"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What did Abbott Laboratories (ABT) disclose about Patricia Paola Gonzalez in this Form 4?
Abbott Laboratories reported that director Patricia Paola Gonzalez received an equity award corresponding to 2,286 common shares. The award is compensation, not a market purchase, and increased her direct holdings to 9,205 Abbott common shares after the transaction.
Is the Patricia Paola Gonzalez transaction in Abbott (ABT) stock a buy or a grant?
The transaction is a grant, not an open-market buy. The filing classifies it as a grant or award acquisition of 2,286 common-share-linked units, issued at a zero transaction price, under Abbott’s 2026 Incentive Stock Program as part of director compensation.
What are the settlement terms of the Abbott (ABT) restricted stock unit award to Patricia Paola Gonzalez?
The restricted stock unit award will be paid in Abbott common shares on a one-to-one basis. Settlement occurs at the earlier of the director’s separation from service, death, or a change in control, as defined in Abbott Laboratories’ 2026 Incentive Stock Program.
Does Abbott Laboratories (ABT) mention a change in control condition in this director award?
Yes. The footnote explains that the restricted stock unit award pays out in Abbott common shares upon the earlier of separation from service, death, or a change in control. Change in control is specifically defined within Abbott Laboratories’ 2026 Incentive Stock Program document.