Form 4: Abbott Laboratories Executive Vice President Hubert L. Allen Reports Stock Disposal
SEC Form 4 Filing
Executive Vice President Hubert L. Allen of Abbott Laboratories reports disposing of 8,382 common shares to cover tax obligations.
Summary
- On February 28, 2025, Hubert L. Allen, Executive Vice President and General Counsel of Abbott Laboratories, disposed of 8,382 common shares.
- The transaction was a disposal (D) of shares at a price of $135.87.
- Following the transaction, Allen directly owns 191,899 common shares of Abbott Laboratories.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard insider transaction.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the transaction (disposal of shares) |
| 03/04/2025 | Date of signature for the report |
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