Amgen VP has 41 shares withheld for taxes
Amgen VP, Finance & CAO Matthew C. Busch reported a small tax-related share disposition.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Amgen VP, Finance & CAO Matthew C. Busch reported a small tax-related share disposition. On the transaction date, 41 shares of Amgen common stock were withheld at $331.11 per share to cover tax obligations related to equity compensation. After this non-market tax-withholding event, Busch directly held 4,344 Amgen shares, which include 39 Dividend Equivalents tied to unvested Restricted Stock Units under the company’s equity incentive plan.
Insider Trade Summary
Exercise Price or Tax Liability: 41 shares
Exercise Price or Tax Liability
1 txn
Insider
Busch Matthew C.
Role
VP, Finance & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 41 | $331.11 | $14K |
Holdings After Transaction:
Common Stock — 4,344 shares (Direct)
Footnotes (1)
- F1. These shares include 39 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
Tax-withholding shares: 41 shares
Withholding price: $331.11 per share
Post-transaction holdings: 4,344 shares
+1 more
4 metrics
Tax-withholding shares
41 shares
Common stock withheld for taxes on 2026-05-07
Withholding price
$331.11 per share
Value used for tax-withholding disposition
Post-transaction holdings
4,344 shares
Direct Amgen common stock held after transaction
Dividend Equivalents included
39 DEs
Credited to unvested RSUs under equity incentive plan
Key Terms
tax-withholding disposition, Dividend Equivalents, Restricted Stock Units, Equity Incentive Plan
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Dividend Equivalents financial
"These shares include 39 Dividend Equivalents (DEs) granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Restricted Stock Units financial
"DEs are credited to the reporting person's unvested Restricted Stock Units and are paid out in shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Amgen (AMGN) disclose for Matthew C. Busch?
Amgen disclosed that Matthew C. Busch had 41 shares of common stock withheld to cover tax liabilities. This tax-withholding disposition is linked to equity compensation and is not an open-market sale, so it functions as an administrative adjustment rather than a discretionary trade.
What does the ‘F’ transaction code mean in the Amgen (AMGN) Form 4?
The ‘F’ code on the Amgen Form 4 indicates payment of an exercise price or tax liability by delivering securities. In this case, 41 shares were withheld to cover tax obligations on equity compensation, rather than being sold on the open market for cash proceeds.
What are Dividend Equivalents mentioned in the Amgen (AMGN) Form 4 footnote?
Dividend Equivalents are credits that mirror dividends on unvested Restricted Stock Units, granted under Amgen’s equity plan. For Matthew C. Busch, 39 Dividend Equivalents are credited and paid out in common shares on a one-to-one basis as the underlying RSUs vest over time.
Does the Amgen (AMGN) Form 4 indicate any remaining derivative positions for Busch?
No, the derivativeSummary in this Form 4 is empty, indicating no derivative transactions were reported in this filing. The reported activity relates only to non-derivative common stock withheld for tax purposes, with no options or other derivative exercises disclosed here.
AI-generated analysis. How Rhea-AI works. Not financial advice.
