Amgen EVP reports tax-withholding share disposition
Amgen Inc. executive Esteban Santos reported routine share updates related to compensation and plan holdings.
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Form Type
4
Rhea-AI Filing Summary
Amgen Inc. executive Esteban Santos reported routine share updates related to compensation and plan holdings. On May 7, 2026, 522 shares of Amgen common stock were disposed of in a tax-withholding transaction at $331.11 per share to satisfy exercise price or tax liabilities. After this, he directly owned 82,847 common shares. He also reported 909.9906 shares held indirectly through a 401K Plan. The reported holdings include 327 Dividend Equivalents credited to unvested Restricted Stock Units, which will be paid in common shares on a one-to-one basis according to their vesting schedule.
Insider Trade Summary
Exercise Price or Tax Liability: 522 shares
Exercise Price or Tax Liability
2 txns
Insider
Santos Esteban
Role
EVP, Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 522 | $331.11 | $173K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 82,847 shares (Direct);
Common Stock — 909.9906 shares (Indirect, 401K Plan)
Footnotes (1)
- F1. These shares include 327 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: 522 shares
Tax-withholding price: $331.11 per share
Direct shares after transaction: 82,847 shares
+2 more
5 metrics
Tax-withholding shares
522 shares
Common Stock, code F disposition on May 7, 2026
Tax-withholding price
$331.11 per share
Value used for 522-share tax-withholding disposition
Direct shares after transaction
82,847 shares
Total Amgen common stock held directly following disposition
Indirect 401K holdings
909.9906 shares
Amgen common stock held indirectly via 401K Plan
Dividend Equivalents
327 DEs
Credited to unvested RSUs, payable in shares at vesting
Key Terms
tax-withholding disposition, Dividend Equivalents, Restricted Stock Units, 401K Plan, +1 more
5 terms
tax-withholding disposition financial
"522 shares of Amgen common stock were disposed of in a tax-withholding transaction"
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 327 Dividend Equivalents (DEs) granted pursuant to the Amgen Inc. Second Amended"
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.
401K Plan financial
"He also reported 909.9906 shares held indirectly through a 401K Plan."
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
