Amgen EVP covers taxes with 615-share stock disposition
Amgen Inc. executive vice president of Global Commercial Operations Murdo Gordon reported a small stock transaction related to taxes.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Amgen Inc. executive vice president of Global Commercial Operations Murdo Gordon reported a small stock transaction related to taxes. On a Form 4, he showed a tax-withholding disposition of 615 shares of Amgen common stock at $331.11 per share, a mechanistic step to cover obligations associated with equity compensation rather than an open-market sale. After this transaction, he directly holds 51,222 shares of Amgen common stock. The reported holdings include 386 Dividend Equivalents tied to unvested restricted stock units under Amgen’s equity incentive plan, which will be paid out in shares as those units vest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 615 | $331.11 | $204K |
Footnotes (1)
- F1. These shares include 386 Dividend Equivalents (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
Key Terms
Dividend Equivalents (DEs) financial
Restricted Stock Units financial
Equity Incentive Plan financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Amgen (AMGN) report for Murdo Gordon?
What does the Form 4 say about Dividend Equivalents in Murdo Gordon’s Amgen (AMGN) holdings?
Is Murdo Gordon’s Amgen (AMGN) Form 4 transaction a routine tax-withholding event?
AI-generated analysis. How Rhea-AI works. Not financial advice.