AbbVie (ABBV) SVP Purdue disposes 2,692 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AbbVie Inc. senior vice president and controller David Ryan Purdue reported a tax-related share disposition. On February 27, 2026, he transferred 2,692 shares of AbbVie common stock at $232.08 per share to cover tax obligations, described as a payment of tax liability by delivering securities.
After this transaction, he directly owned 7,884 shares of AbbVie common stock. He also had an indirect holding of 543 shares through a profit sharing trust, with a footnote noting this balance in an AbbVie savings program as of February 20, 2026, including shares acquired via a dividend reinvestment feature.
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 | 2,692 | $232.08 | $625K |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 7,884 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) report for David Ryan Purdue?
AbbVie reported that SVP and controller David Ryan Purdue disposed of 2,692 shares of common stock on February 27, 2026. The disposition was for tax withholding, using shares to satisfy a tax liability rather than an open-market sale.
Does the AbbVie (ABBV) Form 4 show an open-market sale by David Ryan Purdue?
The Form 4 lists a disposition coded “F,” indicating payment of a tax liability by delivering securities. This reflects tax withholding using AbbVie shares, not a traditional open-market sale initiated for investment or portfolio reasons.