AbbVie (ABBV) EVP Roopal Thakkar reports tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AbbVie Inc. executive Roopal Thakkar reported a tax-related share disposition. On February 27, 2026, 8,037 shares of AbbVie common stock were disposed of at $232.08 per share to cover tax obligations, leaving 52,376 directly held shares. The filing also reports 2,998 shares held indirectly through a profit sharing trust, reflecting the balance in the AbbVie Savings program as of February 20, 2026, including dividend reinvestment shares that were previously omitted from an earlier Form 3.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Thakkar Roopal
Role
EVP, R&D and CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value | 8,037 | $232.08 | $1.87M |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 52,376 shares (Direct);
Common Stock, $0.01 par value — 2,998 shares (Indirect, Profit sharing trust)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did AbbVie (ABBV) report for Roopal Thakkar?
AbbVie reported that EVP, R&D and CSO Roopal Thakkar disposed of 8,037 shares of common stock on February 27, 2026 to satisfy tax obligations, at a reported price of $232.08 per share, as part of a tax-withholding disposition rather than an open-market sale.
Was the AbbVie (ABBV) insider transaction an open-market sale?
No, the transaction was coded as “F,” indicating a tax-withholding disposition. Shares were delivered to cover tax liabilities associated with equity compensation, rather than being sold in a traditional open-market transaction on an exchange.
What is the significance of the AbbVie (ABBV) profit sharing trust holdings?
The Form 4 notes 2,998 AbbVie shares held indirectly in a profit sharing trust, representing the balance in the AbbVie Savings program as of February 20, 2026, including shares acquired via dividend reinvestment that were inadvertently omitted from a prior Form 3.