Abbott SVP granted 13,255 restricted shares
ORVILLE JACOB A reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
ORVILLE JACOB A reported acquisition or exercise transactions in this Form 4 filing.
ABBOTT LABORATORIES Senior Vice President Orville Jacob A received a grant of 13,255 common shares as a restricted stock award under the Abbott Laboratories 2017 Incentive Stock Program. The award has a 2-year term, with one-half vesting in any one year beginning on March 23, 2027.
Following this grant, he directly holds 50,493 common shares. The award includes the right to have shares withheld to cover tax obligations rather than paying taxes in cash.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common shares without par value | 13,255 | $0.00 | $0.00 |
Footnotes (1)
- F1. These shares represent a restricted stock award under the Abbott Laboratories 2017 Incentive Stock Program. The award has a 2-year term, with 1/2 of the award vesting in any one year, beginning on March 23, 2027. The award includes the right to have shares withheld for tax purposes.
FAQ
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What insider transaction did Abbott (ABT) report for Orville Jacob A?
What are the vesting terms and schedule for the Abbott (ABT) restricted stock award?
What is the nature of the Abbott Laboratories 2017 Incentive Stock Program award reported for ABT?
AI-generated analysis. How Rhea-AI works. Not financial advice.