AbbVie (ABBV) CEO reports Form 4 tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AbbVie Inc. director and CEO Michael Robert A. reported a Form 4 transaction involving a tax-related share disposition. On February 27, 2026, he had 36,523 shares of common stock disposed of at $232.08 per share to satisfy tax obligations. After this tax-withholding disposition, he directly owned 178,737 shares of AbbVie common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Michael Robert A.
Role
CHAIRMAN OF THE BOARD AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value | 36,523 | $232.08 | $8.48M |
Holdings After Transaction:
Common Stock, $0.01 par value — 178,737 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did AbbVie (ABBV) report for Michael Robert A.?
AbbVie reported that Michael Robert A., its chairman and CEO, had 36,523 common shares disposed of on February 27, 2026, as a tax-withholding transaction. The shares were valued at $232.08 each, according to the Form 4 filing data.
Was the AbbVie (ABBV) insider transaction an open-market sale?
No, the AbbVie insider transaction was classified as a tax-withholding disposition, not an open-market sale. The Form 4 uses code F, indicating shares were delivered to cover tax liabilities associated with equity compensation rather than sold on the open market.
What does transaction code F mean in the AbbVie (ABBV) Form 4 filing?
Transaction code F in the AbbVie Form 4 indicates a tax-withholding disposition. This means shares were delivered to satisfy the exercise price or tax liability arising from an equity award, rather than being voluntarily bought or sold on the open market.
Is the AbbVie (ABBV) Form 4 transaction classified as a buy or sell?
The AbbVie Form 4 transaction is classified as a disposition for tax withholding, not a traditional buy or sell. The filing describes it as payment of tax liability by delivering securities, with no open-market purchase or sale reported.