Abbott director granted 102 stock equivalent units
Ahuja Nita reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ahuja Nita reported acquisition or exercise transactions in this Form 4 filing.
ABBOTT LABORATORIES director Nita Ahuja received a grant of stock equivalent units as part of her board compensation. On this Form 4, she was awarded 102 stock equivalent units, each priced at $102.67, credited to a stock equivalent unit account.
The footnote explains these director fees are credited to the account and generally paid in cash at age 65 or upon retirement from the board, earning the same return as if invested in Abbott common shares. Following this grant, her reported balance in this account is 102 stock equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 102 | $102.67 | $10K |
Footnotes (1)
- F1. Director fees credited to a stock equivalent unit account 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.
Key Figures
Key Terms
Stock Equivalent Units financial
director fees financial
stock equivalent unit account financial
FAQ
What did ABBOTT LABORATORIES (ABT) director Nita Ahuja report on this Form 4?
Is Nita Ahuja’s transaction in ABBOTT LABORATORIES (ABT) an open-market stock purchase?
How many ABBOTT LABORATORIES (ABT) stock equivalent units did Nita Ahuja receive?
When are ABBOTT LABORATORIES (ABT) director stock equivalent units typically paid out?
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