Abbott Laboratories (NYSE: ABT) director gets 2,286-share stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kumbier Michelle reported acquisition or exercise transactions in this Form 4 filing.
Abbott Laboratories director Michelle Kumbier received a grant of 2,286 restricted stock units. The award was made in the form of common shares without par value at no purchase price and is part of Abbott’s 2026 Incentive Stock Program.
The restricted stock units will be paid in Abbott common shares on a one-to-one basis upon the earlier of Kumbier’s separation from service, death, or a change in control as defined in the program. Following this grant, she directly holds 18,000 Abbott common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kumbier Michelle
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 — 18,000 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 2,286 shares
Price per share for grant: $0.0000 per share
Shares held after transaction: 18,000 shares
+1 more
4 metrics
Restricted stock units granted
2,286 shares
Grant to director Michelle Kumbier on reported transaction date
Price per share for grant
$0.0000 per share
Compensation grant, not an open-market purchase
Shares held after transaction
18,000 shares
Total Abbott common shares directly owned by Michelle Kumbier after grant
Conversion ratio
1:1 into common shares
Restricted stock units paid in Abbott common shares under 2026 Incentive Stock Program
Key Terms
Restricted stock unit award, 2026 Incentive Stock Program, separation from service, change in control
4 terms
Restricted stock unit award financial
"Restricted stock unit award granted under the Abbott Laboratories 2026 Incentive Stock Program"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
2026 Incentive Stock Program financial
"granted under the Abbott Laboratories 2026 Incentive Stock Program (the "Program")"
separation from service financial
"paid ... on the earlier of the date of the director's separation from service, death, or the occurrence of a change in control"
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 insider transaction did Abbott Laboratories (ABT) report for Michelle Kumbier?
Abbott Laboratories reported that director Michelle Kumbier received a grant of 2,286 restricted stock units. These units were awarded at no purchase price and will settle in Abbott common shares on a one-to-one basis upon separation from service, death, or a qualifying change in control.
Was Michelle Kumbier’s Abbott (ABT) stock award a market purchase or a compensation grant?
The transaction was a compensation-related grant, not a market purchase. Michelle Kumbier received 2,286 restricted stock units at a price of $0.0000 per share under Abbott’s 2026 Incentive Stock Program, reflecting an equity award rather than an open-market buy order.
What program governs Michelle Kumbier’s new Abbott (ABT) stock unit grant?
The grant is governed by the Abbott Laboratories 2026 Incentive Stock Program. Under this program, Kumbier’s 2,286 restricted stock units convert into Abbott common shares upon specific events such as separation from service, death, or a qualifying change in control set out in the plan.