Elaine K. Sorg - 25 Apr 2023 Form 4 Insider Report for AbbVie Inc. (ABBV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Apr 2023, 17:00:18 UTC
Prior SEC filing
19 Apr 2023
Next SEC filing
19 Feb 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Steven L. Scrogham, attorney-in-fact for Elaine K. Sorg

Key filing fact

Elaine K. Sorg filed Form 4 for AbbVie Inc. (ABBV) on 27 Apr 2023.

Key facts

  • This page summarizes Elaine K. Sorg's Form 4 filing for AbbVie Inc. (ABBV).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 27 Apr 2023, 17:00.

Change

  • Previous filing in this sequence was filed on 19 Apr 2023.
  • Current net transaction value: -$1,011,450.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ABBV transaction

Common Stock, $0.01 par value

Options Exercise

Transaction value
$886,030
Shares
+6,130
Change %
+17%
Price
$144.54
Shares after
41,460
Date
25 Apr 2023
Ownership
Direct
ABBV transaction

Common Stock, $0.01 par value

Sale

Transaction value
$1,011,450
Shares
-6,130
Change %
-15%
Price
$165.00
Shares after
35,330
Date
25 Apr 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ABBV transaction Derivative

Option (Right to Buy)

Options Exercise

Transaction value
$886,030
Shares
-6,130
Change %
-33%
Price
$144.54
Shares after
12,258
Date
25 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,130
Exercise price
$144.54
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.00 to $165.03, inclusive. The reporting person undertakes to provide AbbVie Inc., any security holder of AbbVie Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F2

Employee stock option granted pursuant to the AbbVie Amended and Restated 2013 Incentive Stock Program in a transaction exempt from Section 16 under Rule 16b-3.

SEC remarks

The option exercise and sale transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2023.

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