Abbott director granted 363 stock equivalent units
Abbott Laboratories director Patricia Paola Gonzalez received a compensation-related grant of derivative securities.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 363 | $90.74 | $33K |
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
director fees financial
FAQ
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What did Abbott (ABT) director Patricia Paola Gonzalez report in this Form 4?
How many Stock Equivalent Units does the Abbott (ABT) director hold after this transaction?
What is the reference value for the new Stock Equivalent Units reported by Abbott (ABT)?
How and when are Abbott (ABT) Stock Equivalent Units for directors paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.