Abbott EVP uses 4,997 shares for tax withholding
Abbott Laboratories executive Christopher J. Scoggins reported a tax-related share disposition.
Rhea-AI Filing Summary
Abbott Laboratories executive Christopher J. Scoggins reported a tax-related share disposition. On February 27, 2026, he had 4,997 common shares withheld at $116.26 per share in a tax-withholding disposition, classified under code F as payment of tax liability by delivering securities.
After this non-open-market transaction, Scoggins’ directly owned holdings in Abbott Laboratories common shares were reported as 77,126 shares.
Positive
- None.
Negative
- None.
Insights
Routine tax-withholding share disposition with holdings remaining sizable.
The transaction involves an Abbott Laboratories executive using shares to cover tax obligations. Code F indicates a tax-withholding disposition rather than an open-market sale, so it does not signal discretionary selling activity.
Scoggins had 4,997 common shares withheld at $116.26 per share and still directly holds 77,126 shares afterward. This appears to be a routine administrative event linked to equity compensation, with limited implications for broader shareholder sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common shares without par value | 4,997 | $116.26 | $581K |
FAQ
What insider transaction did Abbott Laboratories (ABT) report for Christopher J. Scoggins?
What does transaction code F mean in the Abbott Laboratories (ABT) Form 4 filing?
Was the Abbott Laboratories (ABT) insider transaction an open-market sale?
What role does Christopher J. Scoggins hold at Abbott Laboratories (ABT) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.