Form 4: AbbVie Director Thomas C. Freyman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Thomas C. Freyman reports acquisition and disposal of AbbVie common stock and restricted stock units.
Summary
- On May 9, 2025, Thomas C. Freyman, a director of AbbVie Inc., reported changes in his beneficial ownership of AbbVie common stock.
- Freyman acquired 1,203 restricted stock units under the AbbVie Amended and Restated 2013 Incentive Stock Program.
- These restricted stock units will be paid in shares of AbbVie common stock on a one-to-one basis upon separation from service, death, or a change in control.
- Freyman also reported indirect ownership of 4,000 shares held by his spouse in a revocable trust, and 1,941 shares each held by his spouse in irrevocable trusts for his sons.
- He disclaims beneficial ownership of the shares held in the trusts.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The restricted stock units will be paid out in shares of AbbVie common stock upon separation from service, death, or a change in control, as defined in the AbbVie Amended and Restated 2013 Incentive Stock Program.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of transaction: acquisition and disposal of AbbVie securities. |
| 05/13/2025 | Date of signature for the Form 4 filing. |
Keywords
Beneficial Ownership, Form 4, AbbVie, Director, Freyman, Stock
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