Conroy Kevin T 4
4 · ABBOTT LABORATORIES · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Abbott (ABT) Director Kevin Conroy Receives 231-Share Award
What Happened
Kevin T. Conroy, a director of Abbott Laboratories (ABT), was credited with an award of 231 stock-equivalent units on June 30, 2026. The units are valued at $90.74 each, for a total notional value of $20,961. This transaction is recorded as an award/grant (derivative), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; filing date: 2026-07-01 (timely filed).
- Instrument: 231 stock-equivalent units (derivative award) at $90.74 per unit; total value $20,961.
- Transaction code: A (award/grant/acquisition).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: Director fees were credited to a stock-equivalent unit account under a grantor trust; amounts are generally paid in cash at age 65 or upon retirement and earn the same return as if invested in Abbott stock.
Context
This was a routine director compensation credit (stock-equivalent award) rather than a purchase or sale of actual shares. Stock-equivalent units represent a notional interest tied to Abbott’s stock performance and typically convert to cash under the trust’s terms, so they don’t necessarily signal the insider buying or selling common stock.
Insider Transaction Report
- Award
Stock Equivalent Units
[F1]2026-06-30$90.74/sh+231$20,961→ 231 total→ Common Shares (231 underlying)
Footnotes (1)
- [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 stock.