Abbott director granted 382 stock equivalent units
ABBOTT LABORATORIES director John G. Stratton received a grant of 382 stock equivalent units as board compensation.
Rhea-AI Filing Summary
ABBOTT LABORATORIES director John G. Stratton received a grant of 382 stock equivalent units as board compensation. The units were credited on the basis of a reference price of $102.67 per unit and are held in a stock equivalent unit account under a grantor trust established by the director.
The stock equivalent units are paid in cash, generally at age 65 or upon retirement from the board, and earn the same return as if the fees were invested in Abbott common shares, including a dividend reinvestment feature. Following this award, Stratton’s balance in the account totals 13,489 stock equivalent units. This is a non‑market, compensation-related acquisition rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 382 | $102.67 | $39K |
Footnotes (2)
- F1. Director fees credited to a stock equivalent unit account under a grantor trust established by the director and paid, in cash, generally at age 65 or upon retirement from the board. The stock equivalent units earn the same return as if the fees were invested in Abbott shares.
- F2. Balance includes stock equivalent units acquired pursuant to a dividend reinvestment feature.
Key Figures
Key Terms
Stock Equivalent Units financial
grantor trust financial
dividend reinvestment feature financial
FAQ
What insider transaction did ABBOTT LABORATORIES (ABT) director John G. Stratton report?
Was the ABBOTT LABORATORIES (ABT) Form 4 a market purchase or sale?
How many stock equivalent units does ABBOTT LABORATORIES (ABT) director Stratton hold after this grant?
How do ABBOTT LABORATORIES (ABT) stock equivalent units work for directors?
What reference price was used for Stratton’s ABBOTT LABORATORIES (ABT) stock equivalent units?
AI-generated analysis. How Rhea-AI works. Not financial advice.