EVP/GC Perry sold 18.7K shares ($4.4M) across 3 transactions at blended $234.39, reducing holdings by 80.2%
Siatis Perry C, serving as EVP, General Counsel and Secretary, executed three separate sales on 2026-03-02 totaling 18,668 shares for $4,375,549.33, reducing his holdings from 23,287 shares to 4,619 shares—an 80.2% reduction in position size. The execution prices ranged from $233.51 to $235.26, clustering tightly around the $234.39 blended average, slightly below the current price of $233.86. At ABBV specifically, Perry's prior four measurable sales (Feb–Mar 2025) all achieved negative 90-day returns ranging from -9.6% to -11.4%, establishing a 100% well-timed rate at this ticker; this new sale arrives near the 52-week high of $244.38 (only -4.3% back), presenting a structurally similar high-conviction-exit signal as his prior sales. The magnitude—an 80% portfolio reduction by a seated executive—combined with his demonstrated precision timing at this ticker warrants investor attention to potential forward-looking signals embedded in his exit.