[144] ABBVIE INC. SEC Filing
Rhea-AI Filing Summary
AbbVie insider sale notice: This Form 144 shows that Richard A. Gonzalez intends to sell 90,000 AbbVie (ABBV) common shares through Morgan Stanley Smith Barney on 08/21/2025 with an aggregate market value of $18,993,947.76. The filing reports Abbies outstanding shares as 1,766,558,253, so the planned sale represents a small fraction of total shares. The 90,000 shares were acquired the same day, 08/21/2025, by stock option exercise and paid for in cash.
The filing also discloses recent insider sales by Richard A. Gonzalez during the past three months: 61,500 shares sold 08/01/2025 for $12,043,268.25; 35,120 shares sold 08/04/2025 for $6,828,296.22; and 91,600 shares sold 08/04/2025 for $19,208,000. The notice includes the standard insider representation that no undisclosed material adverse information is known.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider exercised options and plans a cash sale of 90,000 shares; recent meaningful sales occurred but represent a small slice of market cap.
The filing documents an option exercise and immediate planned sale, which is common for insiders monetizing compensation. Combined recent sales total 287,220 shares with gross proceeds of about $57 million, indicating active liquidity events by the insider. Relative to 1.77 billion shares outstanding, these transactions are immaterial to share count but are relevant for short-term trading flow and insider signaling. No information in the filing indicates undisclosed company problems.
TL;DR: Transactions follow standard disclosure; the filing contains required representations and shows no unusual trading-plan disclosure.
The Form 144 discloses acquisitions by option exercise and subsequent sales through a broker, with required attestation about material non-public information. The filer did not state a 10b5-1 plan in the visible remarks, so trades appear to be disclosed as required. Governance implications are routine: these are personal liquidity events rather than corporate actions and present no governance red flags based solely on the filing.