Purdue David Ryan 4

What Happened

• David Ryan Purdue, SVP and Controller of AbbVie, had 2,692 shares disposed on February 27, 2026 to satisfy a tax payment/withholding obligation (transaction code F). The shares were recorded at $232.08 per share for a total value of $624,759. This is a routine tax-withholding disposition, not a discretionary open-market sale.

Key Details

• Transaction date: 2026-02-27; Filing date (Form 4): 2026-03-03 (timely filed).
• Price: $232.08 per share; Shares disposed: 2,692; Total value: $624,759.
• Transaction code: F — payment of exercise price or tax liability (shares were withheld/sold to cover taxes).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: F1 notes the shares came from the AbbVie Savings program balance as of Feb 20, 2026, which includes shares acquired via dividend reinvestment.

Context

• This appears to be a tax-withholding/cashless-type disposition tied to an equity event (e.g., option exercise or award vesting). Such withholdings are routine and do not necessarily indicate a change in the insider’s view of the company.