Form 4: AbbVie Director Richard Gonzalez Reports Stock Sales and Tax Withholding
SEC Form 4 Filing
Director Richard Gonzalez reports the sale of AbbVie shares and shares withheld for tax obligations.
Summary
- Richard A. Gonzalez, a director of AbbVie Inc., reported transactions involving the company's common stock.
- On February 28, 2025, 73,209 shares were withheld to cover tax obligations at a price of $205.02 per share.
- Also on February 28, 2025, 92,460 shares were sold at a weighted average price of $205.11 per share.
- On March 3, 2025, an additional 6,168 shares were sold at $210.53 per share.
- Following these transactions, Gonzalez directly owns 388,929 shares of AbbVie common stock.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors and officers) buy or sell the company's securities. These filings provide transparency into the transactions of those with access to non-public information.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased transparency of insider trading.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Shares withheld for taxes and shares sold. |
| 03/03/2025 | Additional shares sold. |
| 03/04/2025 | Date of signature by Attorney-in-Fact. |
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