Abbott EVP uses shares to cover tax liability
Abbott Laboratories executive vice president Louis H. Morrone reported a routine tax-withholding transaction in company stock.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common shares without par value | 269 | $92.71 | $25K |
| holding | Common shares without par value | -- | -- | -- |
Footnotes (1)
- F1. Balance in the Abbott Laboratories Stock Retirement Trust as of June 30, 2026.
Key Figures
Key Terms
tax-withholding disposition financial
Profit Sharing Trust financial
Abbott Laboratories Stock Retirement Trust financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ABBOTT LABORATORIES (ABT) report for Louis H. Morrone?
Was the ABBOTT LABORATORIES Form 4 filing a stock sale by Louis H. Morrone?
What is the nature of Louis H. Morrone’s indirect ABBOTT LABORATORIES holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.