Abbott (ABT) CEO Robert Ford disposes 30,308 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abbott Laboratories Chairman and CEO Robert B. Ford reported a tax-related share disposition. On February 27, 2026, he disposed of 30,308 common shares at $116.26 per share through a tax-withholding transaction, a method used to satisfy tax obligations rather than an open-market sale.
After this transaction, Ford held 306,461 common shares directly. In addition, 216,203 common shares were held indirectly through the Ford Family Trust, where he serves as co-trustee, reflecting an additional layer of beneficial ownership separate from his direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ford Robert B
Role
CHAIRMAN AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common shares without par value | 30,308 | $116.26 | $3.52M |
| holding | Common shares without par value | -- | -- | -- |
Holdings After Transaction:
Common shares without par value — 306,461 shares (Direct);
Common shares without par value — 216,203 shares (Indirect, Ford Family Trust)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Abbott Laboratories (ABT) report for Robert B. Ford?
Abbott Laboratories reported that Chairman and CEO Robert B. Ford disposed of shares in a tax-withholding transaction. He used 30,308 common shares to cover tax obligations, rather than executing a traditional open-market sale, at a reported price of $116.26 per share.
Was Robert B. Ford’s Abbott (ABT) transaction an open-market sale?
No, the transaction was classified as a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities associated with equity compensation, according to the transaction code description, rather than being sold to third-party buyers on the stock market.
What role does the Ford Family Trust play in Robert B. Ford’s Abbott (ABT) holdings?
The Ford Family Trust holds 216,203 Abbott common shares indirectly for Robert B. Ford. He is identified as a co-trustee of this trust, which means these shares are reported as indirect beneficial ownership distinct from his directly held 306,461 Abbott common shares.