Abbott Laboratories is implementing changes to its retirement plans, resulting in a Blackout Period for plan participants.
During the blackout period, participants cannot engage in various transactions involving their plan accounts.
The blackout period is set to begin on December 24, 2025, and end during the week of January 11, 2026.
Reason for Blackout Period
Changes in recordkeepers, trustees, and custodians of the retirement plans trigger the blackout period.
Length of Blackout Period
Expected to start on December 24, 2025, and end in January 2026, affecting plan transactions.
Trading Restrictions
Participants are prohibited from trading Abbott securities directly or indirectly during the blackout period.
- The blackout period ensures stability during the transition of plan services to new providers.
- Participants are urged to comply with the blackout restrictions to avoid regulatory issues.
Abbott Laboratories' Blackout Period is crucial for ensuring a smooth transition in retirement plan operations. Plan participants need to be aware of the restrictions and comply accordingly.