Abbott (ABT) director receives 363 stock equivalent units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abbott Laboratories director Patricia Paola Gonzalez received a compensation-related grant of derivative securities. She acquired 363 Stock Equivalent Units on Common Shares at a reference value of $90.74 per unit, increasing her directly held stock equivalent unit balance to 5,963 units. These units are credited as director fees into a stock equivalent unit account under a grantor trust and are generally paid in cash at about age 65 or upon retirement from the board, earning the same return as if invested in Abbott shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gonzalez Patricia Paola
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 363 | $90.74 | $33K |
Holdings After Transaction:
Stock Equivalent Units — 5,963 shares (Direct, null)
Footnotes (1)
- 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. Balance includes stock equivalent units acquired pursuant to a dividend reinvestment feature.
Key Figures
Stock Equivalent Units granted: 363 units
Reference value per unit: $90.74 per unit
Units after transaction: 5,963 units
+1 more
4 metrics
Stock Equivalent Units granted
363 units
Director fee grant on Stock Equivalent Units
Reference value per unit
$90.74 per unit
Grant price for Stock Equivalent Units
Units after transaction
5,963 units
Total Stock Equivalent Units held directly after grant
Underlying common shares
363 shares
Underlying Abbott common shares per new Stock Equivalent Unit grant
Key Terms
Stock Equivalent Units, grantor trust, dividend reinvestment feature, director fees
4 terms
Stock Equivalent Units financial
"She acquired 363 Stock Equivalent Units on Common Shares at a reference value"
Stock equivalent units are financial claims or instruments that are treated as if they were actual shares for purposes like calculating ownership, dilution, and earnings per share. Think of them as promises or placeholders for future slices of company pie—options, restricted units, or convertible securities—that don’t yet sit on the table but will reduce each existing slice when converted. Investors track them because they change how much of a company each share really represents and can affect valuation and voting power.
grantor trust financial
"credited to a stock equivalent unit account under a grantor trust established"
A grantor trust is a legal arrangement where the person who puts assets into the trust keeps enough control or rights that, for tax and legal purposes, those assets are treated as still belonging to that person. For investors, that matters because income, gains and losses generated by the trust typically flow through to the grantor (or directly to investors) for tax reporting and distributions, affecting after-tax returns and cash flow predictability — think of it like a mailbox that forwards all the mail back to the sender rather than holding it inside.
dividend reinvestment feature financial
"Balance includes stock equivalent units acquired pursuant to a dividend reinvestment feature"
director fees financial
"Director fees credited to a stock equivalent unit account under a grantor trust"
FAQ
What did Abbott (ABT) director Patricia Paola Gonzalez report in this Form 4?
She reported a grant of 363 Stock Equivalent Units tied to Abbott common shares. These units represent director fees credited to a stock equivalent unit account, not an open-market share purchase or sale, and are part of her board compensation package.
How many Stock Equivalent Units does the Abbott (ABT) director hold after this transaction?
After the grant, Patricia Paola Gonzalez holds 5,963 Stock Equivalent Units. This figure reflects cumulative director fees and related credits, including earlier awards and dividend reinvestment, all tracked in her stock equivalent unit account linked to Abbott’s share performance.
What is the reference value for the new Stock Equivalent Units reported by Abbott (ABT)?
The 363 newly acquired Stock Equivalent Units were recorded at a reference value of $90.74 per unit. This value is used for accounting the grant and does not indicate a separate cash transaction by the director in the open market.
How and when are Abbott (ABT) Stock Equivalent Units for directors paid out?
These Stock Equivalent Units are generally paid in cash at about age 65 or upon a director’s retirement from the board. Until then, they remain in a stock equivalent unit account inside a grantor trust and track the return of Abbott shares over time.