Timothy J. Richmond - 01 Mar 2024 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
05 Mar 2024, 17:30:50 UTC
Prior SEC filing
01 Mar 2024
Next SEC filing
18 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
T.O. Odutayo, attorney-in-fact for Timothy J. Richmond

Key filing fact

Timothy J. Richmond filed Form 4 for AbbVie Inc. (ABBV) on 05 Mar 2024.

Key facts

  • This page summarizes Timothy J. Richmond's Form 4 filing for AbbVie Inc. (ABBV).
  • 6 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Mar 2024, 17:30.

Change

  • Previous filing in this sequence was filed on 01 Mar 2024.
  • Current net transaction value: -$13,415,503.

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
$2,804,152
Shares
+45,700
Change %
+104%
Price
$61.36
Shares after
89,517
Date
01 Mar 2024
Ownership
Direct
ABBV transaction

Common stock, $0.01 par value

Sale

Transaction value
$2,718,677
Shares
-15,412
Change %
-17%
Price
$176.40
Shares after
74,105
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1, F2
ABBV transaction

Common stock, $0.01 par value

Sale

Transaction value
$5,382,480
Shares
-30,288
Change %
-41%
Price
$177.71
Shares after
43,817
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1, F3
ABBV transaction

Common stock, $0.01 par value

Sale

Transaction value
$1,737,577
Shares
-9,853
Change %
-22%
Price
$176.35
Shares after
33,964
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1, F4
ABBV transaction

Common stock, $0.01 par value

Sale

Transaction value
$3,576,769
Shares
-20,127
Change %
-59%
Price
$177.71
Shares after
13,837
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1, F5

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
$2,804,152
Shares
-45,700
Change %
-100%
Price
$61.36
Shares after
0
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
45,700
Exercise price
$61.36
Footnotes
F6
* 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 6 footnotes

Footnote F1

This sale was executed pursuant to a Rule 10b5-1 plan that was entered into by the Reporting Person on November 13, 2023.

Footnote F2

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.76 to $176.72, 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 F3

he price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.77 to $177.36, 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 F4

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.76 to $176.69, 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 F5

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.72 to $177.36, 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 F6

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.

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