Form 4: Abbott Laboratories Executive Vice President Daniel Gesua Sive Salvadori Reports Stock Transactions

Sentiment:

SEC Form 4


Executive Vice President Daniel Gesua Sive Salvadori reports the disposition of Abbott Laboratories shares to cover tax obligations and a sale of shares on March 1, 2024.

Summary

  • On February 29, 2024, Daniel Gesua Sive Salvadori, an Executive Vice President at Abbott Laboratories, disposed of 8,874 common shares to cover tax obligations at a price of $120.05.
  • Following this transaction, Salvadori directly owned 126,660 common shares.
  • On March 1, 2024, Salvadori sold 963 common shares at a price of $118.5, resulting in direct ownership of 125,697 shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, and it doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.

Key Dates

DateDescription
02/29/2024Disposition of 8,874 common shares to cover tax obligations at $120.05 per share.
03/01/2024Sale of 963 common shares at $118.5 per share.
03/04/2024Date of signature for the Form 4 filing.

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