AbbVie (ABBV) CFO uses 21,638 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AbbVie Inc. executive vice president and chief financial officer Scott T. Reents reported a tax-related share disposition under a compensation plan. On February 27, 2026, 21,638 shares of AbbVie common stock were disposed of to cover tax withholding obligations. After this transaction, he directly owned 38,777 AbbVie shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reents Scott T
Role
EVP, CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value | 21,638 | $232.08 | $5.02M |
Holdings After Transaction:
Common Stock, $0.01 par value — 38,777 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did AbbVie (ABBV) CFO Scott Reents report?
AbbVie CFO Scott Reents reported a tax-withholding disposition of 21,638 common shares. The transaction was coded “F,” meaning shares were used to pay tax liabilities tied to equity compensation, rather than an open-market sale for investment reasons.
What does transaction code “F” mean in the AbbVie (ABBV) Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, AbbVie’s CFO used 21,638 shares to cover tax withholding, distinguishing it from a typical open-market share sale.
Was the AbbVie (ABBV) CFO’s Form 4 transaction a buy or a sell?
The transaction was a disposition for tax withholding, not a standard buy or sell. Shares were surrendered to meet tax obligations on equity compensation, and the filing does not show an open-market purchase or sale by the CFO.