AbbVie Inc.
For the period ended May 8, 2026. Filed Mar 23, 2026.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 8, 2026 · Filed Mar 23, 2026
ABBV$291.31+1.1%Stored close · as of Nov 6, 2026
Contents
Compensation Program Governance Summary
In addition to strong alignment of pay with the performance of the company and our NEOs, we maintain and are committed to good governance practices, including the following:
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| | Good Governance Practices | |
| | Balanced Incentive Plan Design | ✓Annual incentive plan includes financial, operational, and strategic metrics to assess performance✓Annual incentive payout matrix used to define and cap the range for the committee’s determinations (at or below the plan maximum of 200% of target)✓Long-term incentive design emphasizing multiple, relative performance metrics and multi-year performance periods✓No duplication of performance metrics in short- and long-term incentives |
| | Pay Equity and Sustainability | ✓Commitment to pay equity and regular review of pay to ensure pay is fair and equitable✓Incorporation of ESG into the strategic/leadership goals within the annual incentive plan |
| | Strong Governance Practices | ✓Mandatory clawback of excess compensation in the event of a restatement, plus broad discretion to clawback compensation in the event of a material breach of the AbbVie Code of Business Conduct✓Anti-hedging and anti-pledging policies✓Annual comprehensive compensation program risk review ✓Independent compensation consultant that performs no other work for the company |
| | Pay for Performance and Stockholder Alignment | ✓Short- and long-term incentive programs closely align with performance✓Majority of NEO compensation tied to long-term performance✓Proactive stockholder engagement process |
| | Robust Stock Ownership Requirements | ✓6x salary for the CEO and 3x salary for NEOs✓5x annual fees for non-employee directors✓NEOs must hold and not sell equity until the minimum stock ownership requirement is satisfied |
| | Responsible Pay Practices | ✓No single trigger vesting of equity or other benefits in the event of a change in control✓No repricing of stock options without express stockholder approval✓No tax gross-ups in executive compensation program✓No employment contracts✓No guaranteed short-term incentives or equity awards✓No dividends paid on unearned performance awards |
36 | 2026 Proxy Statement
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| | EXECUTIVE COMPENSATION |
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