Amgen EVP receives 13,403-share stock award
Gordon Murdo reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gordon Murdo reported acquisition or exercise transactions in this Form 4 filing.
Amgen Inc. executive vice president of Global Commercial Operations Murdo Gordon received a grant of 13,403 shares of Amgen common stock as an equity award, with no cash paid per share. After this grant, he directly holds 56,807 shares. The total includes 740 dividend equivalents credited to his unvested restricted stock units, which will be paid in shares on a one-to-one basis according to their vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 13,403 shares
Grant/Award
1 txn
Insider
Gordon Murdo
Role
EVP, Global Commercial Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,403 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 56,807 shares (Direct)
Footnotes (1)
- F1. These shares include 740 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 RSUs 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Amgen (AMGN) report for Murdo Gordon?
Amgen reported that EVP Global Commercial Operations Murdo Gordon received a grant of 13,403 shares of common stock. This equity award increased his directly held stake to 56,807 shares, reflecting routine stock-based compensation rather than an open-market purchase or sale.
What are the 740 dividend equivalents mentioned in the Amgen (AMGN) Form 4?
The 740 dividend equivalents are additional rights credited to Murdo Gordon’s unvested restricted stock units under Amgen’s equity incentive plan. They convert into Amgen common shares on a one-to-one basis following the RSUs’ vesting schedule, with cash paid only for any remaining fractional share amounts.
AI-generated analysis. How Rhea-AI works. Not financial advice.