Abbott CEO uses 30K shares to cover tax bill
Abbott Laboratories Chairman and CEO Robert B. Ford reported a tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common shares without par value | 30,308 | $116.26 | $3.52M |
| holding | Common shares without par value | -- | -- | -- |
Footnotes (1)
- F1. Held in the Ford Family Trust DTD June 2, 2014. The reporting person is co-trustee of the trust.
FAQ
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What insider transaction did Abbott Laboratories (ABT) report for Robert B. Ford?
Was Robert B. Ford’s Abbott (ABT) transaction an open-market sale?
What role does the Ford Family Trust play in Robert B. Ford’s Abbott (ABT) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.