AbbVie (ABBV) SVP David Ryan Purdue reports 2,108-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
AbbVie Inc. senior vice president and controller David Ryan Purdue reported a routine tax-related share disposition. On February 27, 2026, 2,108 shares of AbbVie common stock were withheld at $232.08 per share to cover tax obligations, a non-market transaction coded as a tax-withholding disposition.
After this event, Purdue directly held 8,468 shares of AbbVie common stock. He also had an additional 543 shares held indirectly through a profit sharing trust tied to an AbbVie savings program, with that balance stated as of February 20, 2026 and including shares from dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Purdue David Ryan
Role
SVP, Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value | 2,108 | $232.08 | $489K |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 8,468 shares (Direct);
Common Stock, $0.01 par value — 543 shares (Indirect, Profit sharing trust)
Footnotes (1)
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FAQ
What insider transaction did AbbVie (ABBV) SVP David Ryan Purdue report?
AbbVie SVP and controller David Ryan Purdue reported a tax-withholding disposition of 2,108 shares of common stock. The shares were withheld on February 27, 2026 at $232.08 per share to satisfy tax obligations, not as an open-market sale.
What does the profit sharing trust holding mean for AbbVie (ABBV) SVP Purdue?
The filing states that 543 AbbVie shares are held indirectly for David Ryan Purdue through a profit sharing trust. A footnote explains this represents his AbbVie savings program balance as of February 20, 2026, including shares acquired through a dividend reinvestment feature.
How is the AbbVie (ABBV) tax-withholding transaction coded in the Form 4/A?
The transaction is coded “F”, which indicates payment of tax liability by delivering securities. The filing describes this as a tax-withholding disposition of 2,108 AbbVie common shares, rather than a discretionary purchase or sale on the open market.
Does the AbbVie (ABBV) insider filing show any option exercises or derivative activity?
No option exercises or other derivative transactions are listed in this Form 4/A. The transaction summary shows no derivative exercises and highlights only one tax-withholding disposition and one holding entry, with the derivative position table remaining empty.