Amgen EVP disposes 1,593 shares for tax withholding
Amgen Inc. executive Gordon Murdo reported routine tax-related share dispositions, not open-market sales.
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Form Type
4
Rhea-AI Filing Summary
Amgen Inc. executive Gordon Murdo reported routine tax-related share dispositions, not open-market sales. On May 2, 2026, he had 1,593 shares of common stock withheld at $329.82 per share to cover tax obligations. Following these transactions, he directly holds 48,699 Amgen shares.
A footnote explains his holdings include 488 Dividend Equivalents tied to unvested Restricted Stock Units under Amgen’s equity incentive plan, which pay out in shares according to the vesting schedule.
Insider Trade Summary
Exercise Price or Tax Liability: 1,593 shares
Exercise Price or Tax Liability
2 txns
Insider
Gordon Murdo
Role
EVP, Global Commercial Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 830 | $329.82 | $274K |
| Exercise Price or Tax Liability | Common Stock | 763 | $329.82 | $252K |
Holdings After Transaction:
Common Stock — 48,699 shares (Direct)
Footnotes (1)
- F1. These shares include 488 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-withheld shares (first transaction): 763 shares
Tax-withheld shares (second transaction): 830 shares
Total tax-withheld shares: 1,593 shares
+3 more
6 metrics
Tax-withheld shares (first transaction)
763 shares
Common Stock, code F tax-withholding disposition on May 2, 2026
Tax-withheld shares (second transaction)
830 shares
Common Stock, code F tax-withholding disposition on May 2, 2026
Total tax-withheld shares
1,593 shares
Sum of two F-code tax-withholding dispositions reported
Reference price per share
$329.82 per share
Price used for both F-code tax-withholding transactions
Shares held after transactions
49,462 shares
Total Amgen common shares directly owned following the second transaction
Dividend Equivalents in holdings
488 DEs
Credited to unvested RSUs under Amgen’s 2009 Equity Incentive Plan
Key Terms
tax-withholding disposition, Dividend Equivalents (DEs), Restricted Stock Units, Equity Incentive Plan, +1 more
5 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 (DEs) financial
"These shares include 488 Dividend Equivalents (DEs) granted pursuant"
Restricted Stock Units financial
"DEs are credited to the reporting person's unvested Restricted Stock Units"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Amgen (AMGN) EVP Gordon Murdo report on this Form 4?
Gordon Murdo reported tax-related share dispositions, not open-market trading. A total of 1,593 Amgen common shares were withheld on May 2, 2026 to satisfy tax liabilities associated with equity compensation, at a reference price of $329.82 per share.
What does the tax-withholding code F mean for Amgen (AMGN) insider transactions?
Code F on a Form 4 indicates shares were disposed of to cover taxes or exercise costs, not a voluntary market sale. For Amgen, Gordon Murdo’s 1,593-share disposition reflects shares withheld to satisfy tax liabilities from equity awards, rather than a directional bet on the stock.
What are Dividend Equivalents (DEs) mentioned in Gordon Murdo’s Amgen (AMGN) filing?
The filing notes 488 Dividend Equivalents credited to Murdo’s unvested Restricted Stock Units. These DEs mirror dividends on Amgen stock and are paid out in common shares one-for-one as the RSUs vest, plus a cash amount for any remaining fractional share component.
How are Gordon Murdo’s Amgen (AMGN) equity awards structured in this filing?
His holdings include common shares and 488 Dividend Equivalents tied to unvested RSUs under Amgen’s Second Amended and Restated 2009 Equity Incentive Plan. As those RSUs vest, the associated DEs are settled in Amgen shares, aligning executive compensation with shareholder returns.
AI-generated analysis. How Rhea-AI works. Not financial advice.
