Amgen (AMGN) director Ellen Kullman receives 665-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kullman Ellen Jamison reported acquisition or exercise transactions in this Form 4 filing.
Amgen Inc. director Ellen Jamison Kullman received a grant of 665 shares of common stock as a stock-based award. The award was in the form of Restricted Stock Units (RSUs) under Amgen’s 2009 director incentive and equity incentive plans and vested immediately, with each vested RSU paid in one share of common stock rather than through an open-market purchase.
After this grant, Kullman directly holds a total of 14,535.9807 Amgen shares, which include 2,121 dividend equivalents (DEs) that are credited to her unvested RSUs and will be paid in shares as those RSUs vest, along with cash for any remaining fractional share amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kullman Ellen Jamison
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 665 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,535.981 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units (RSUs) were granted pursuant to the Amgen Inc. 2009 Director Incentive Program, as amended, under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and vested immediately. Vested RSUs are paid in shares of the Company's common stock on a one-to-one basis. Vested RSUs may be deferred by the director, in which case payment will occur according to the elected deferral schedule. These shares include 2,121 DEs granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and subject to a qualifying dividend reinvestment plan. DEs are credited to the reporting person's unvested Restricted Stock Units and are paid out in shares of the Company's common stock on a one-to-one basis according to the vesting schedule, along with a cash payment for any remaining fractional share amount.
Key Figures
RSU grant size: 665 shares
Post-transaction holdings: 14,535.9807 shares
Dividend equivalents: 2,121 DEs
+1 more
4 metrics
RSU grant size
665 shares
Common Stock RSU award to director on May 19, 2026
Post-transaction holdings
14,535.9807 shares
Total Amgen shares directly held after the grant
Dividend equivalents
2,121 DEs
Credited to unvested RSUs and payable in shares upon vesting
Price per granted share
$0.00 per share
Compensation grant, not an open-market purchase
Key Terms
Restricted Stock Units (RSUs), dividend equivalents (DEs), Equity Incentive Plan, deferral schedule
4 terms
Restricted Stock Units (RSUs) financial
"The Restricted Stock Units (RSUs) were granted pursuant to the Amgen Inc. 2009 Director Incentive Program..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
dividend equivalents (DEs) financial
"These shares include 2,121 DEs granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan..."
Equity Incentive Plan financial
"under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and vested immediately."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
deferral schedule financial
"Vested RSUs may be deferred by the director, in which case payment will occur according to the elected deferral schedule."
FAQ
What did Amgen (AMGN) director Ellen Kullman report in this Form 4?
Ellen Kullman reported receiving 665 Amgen common shares through a Restricted Stock Unit grant. The award vested immediately and was issued at no cash cost, reflecting routine director equity compensation rather than an open-market stock purchase or sale.
What are the terms of the RSU grant reported by Ellen Kullman at Amgen (AMGN)?
The RSUs were granted under Amgen’s 2009 director incentive and equity incentive plans and vested immediately. Each vested RSU is paid in one share of Amgen common stock, with no purchase price, and may be deferred under a director-elected deferral schedule.
What are dividend equivalents (DEs) mentioned in Ellen Kullman’s Amgen (AMGN) filing?
Dividend equivalents are credits tied to unvested RSUs that mirror dividends on Amgen stock. Kullman’s holdings include 2,121 DEs, which will be paid out as shares of common stock upon vesting, plus a cash payment for any remaining fractional share amount.
Was Ellen Kullman buying or selling Amgen (AMGN) stock on the market in this Form 4?
The Form 4 shows a grant of 665 RSU-based shares, not an open-market trade. The shares were awarded as director compensation at a reported price of $0.00 per share, so there was no market purchase or sale involved in this transaction.