Crum Demetris D 4
Research Summary
AI-generated summary
AbbVie EVP Demetris Crum Withholds 1,594 Shares for Taxes
What Happened
Demetris D. Crum, Executive Vice President and Chief HR Officer at AbbVie (ABBV), had 1,594 shares withheld to satisfy a tax liability related to an equity award or option settlement. The shares were valued at $232.08 each, for a total value of approximately $369,936. This was a tax-withholding disposition (code F), not an open-market sale or purchase.
Key Details
- Transaction date and price: 2026-02-27 at $232.08 per share.
- Shares withheld/disposed: 1,594 shares; total value ≈ $369,936.
- Transaction code: F — payment of exercise price or tax liability by delivery/withholding of securities (i.e., share withholding).
- Shares owned after transaction: not specified in the provided filing details.
- Filing timeliness: no late-filing flag provided in the supplied data.
Context
Share withholding to cover taxes is a routine part of equity vesting or option exercises and does not necessarily indicate a directional view by the insider. Purchases are generally more informative about insider sentiment; tax-withholding dispositions are standard administrative events.