Form 4: AbbVie Executive Chairman Richard Gonzalez Reports Gift of Shares
SEC Form 4 Filing
Richard Gonzalez, Executive Chairman of AbbVie, reported gifting a portion of his AbbVie common stock holdings on September 30, 2024.
Summary
- On September 30, 2024, Richard A. Gonzalez, the Executive Chairman of the Board of AbbVie Inc., reported a transaction involving the gifting of AbbVie common stock.
- The filing indicates that Mr. Gonzalez gifted 5,243 shares, 15,729 shares, and 36,698 shares of AbbVie common stock.
- Following these transactions, Mr. Gonzalez directly owns 388,929 shares of AbbVie common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a gift of shares, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The gifting of shares by a key executive could be perceived in various ways by stakeholders, but generally, it's a personal financial decision and may not have a direct material impact on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of stock gift transaction |
| 10/02/2024 | Date of Form 4 filing |
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