Abbott (NYSE: ABT) EVP withholds 269 shares to satisfy tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abbott Laboratories executive vice president Louis H. Morrone reported a routine tax-withholding transaction in company stock. On the reported date, 269 common shares were withheld at $92.71 per share to cover tax obligations, leaving him with 76,574 common shares held directly. He also has an indirect holding of 12 common shares through a profit sharing trust, reflecting the balance in the Abbott Laboratories Stock Retirement Trust as of June 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Morrone Louis H.
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common shares without par value | 269 | $92.71 | $25K |
| holding | Common shares without par value | -- | -- | -- |
Holdings After Transaction:
Common shares without par value — 76,574 shares (Direct, null);
Common shares without par value — 12 shares (Indirect, Profit Sharing Trust)
Footnotes (1)
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Key Figures
Tax-withholding shares: 269 shares
Withholding price: $92.71 per share
Direct holdings after transaction: 76,574 shares
+2 more
5 metrics
Tax-withholding shares
269 shares
Shares withheld to cover tax obligations
Withholding price
$92.71 per share
Value used for 269-share tax-withholding disposition
Direct holdings after transaction
76,574 shares
Common shares held directly following tax-withholding
Indirect trust holdings
12 shares
Balance in Abbott Laboratories Stock Retirement Trust as of June 30, 2026
Tax-withholding transactions
1 transaction
Count of F-code tax-withholding dispositions in this filing
Key Terms
tax-withholding disposition, Profit Sharing Trust, Abbott Laboratories Stock Retirement Trust, Common shares without par value
4 terms
tax-withholding disposition financial
"269 common shares were withheld at $92.71 per share to cover tax obligations"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Profit Sharing Trust financial
"He also has an indirect holding of 12 common shares through a profit sharing trust"
Abbott Laboratories Stock Retirement Trust financial
"reflecting the balance in the Abbott Laboratories Stock Retirement Trust as of June 30, 2026"
FAQ
What insider transaction did ABBOTT LABORATORIES (ABT) report for Louis H. Morrone?
ABBOTT LABORATORIES reported that executive vice president Louis H. Morrone had 269 common shares withheld to cover tax obligations. This was a tax-withholding disposition, not an open-market sale, and it reflects routine handling of equity-based compensation.
Was the ABBOTT LABORATORIES Form 4 filing a stock sale by Louis H. Morrone?
The Form 4 does not report an open-market stock sale. It shows 269 common shares used as a tax-withholding disposition, meaning shares were withheld to pay tax obligations rather than sold in the market for cash proceeds.
What is the nature of Louis H. Morrone’s indirect ABBOTT LABORATORIES holdings?
Louis H. Morrone’s indirect ABBOTT LABORATORIES holding consists of 12 common shares held through a profit sharing trust. A footnote describes this as the balance in the Abbott Laboratories Stock Retirement Trust as of June 30, 2026.