Amgen (NASDAQ: AMGN) CFO receives 12,063-share equity award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amgen Inc. executive vice president and CFO Peter H. Griffith reported an equity award of 12,063 shares of common stock on a Form 4. The shares were acquired as a grant at no cash cost, increasing his directly held stake to 54,587 shares.
The reported holdings include 676 dividend equivalent units granted under Amgen’s 2009 Equity Incentive Plan. These dividend equivalents are credited to his unvested restricted stock units and will be paid out in Amgen common shares on a one-for-one basis as the underlying awards vest, with cash paid for any remaining fractional share amounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Griffith Peter H.
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,063 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,587 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Amgen (AMGN) report for CFO Peter H. Griffith?
Amgen’s CFO Peter H. Griffith reported an equity award of 12,063 shares of common stock. The award was recorded on a Form 4 as a grant acquisition at no cash price, increasing his directly held ownership to 54,587 Amgen shares after the transaction.
What are the 676 dividend equivalents mentioned in the Amgen (AMGN) Form 4 footnote?
The filing notes 676 dividend equivalents credited to the CFO’s unvested restricted stock units under Amgen’s 2009 Equity Incentive Plan. These units convert into Amgen common shares on a one-to-one basis as the RSUs vest, with cash paid for any remaining fractional share amount.
How are Amgen (AMGN) dividend equivalents on RSUs paid to the CFO?
Dividend equivalents on the CFO’s unvested Amgen RSUs are paid in common shares and cash. The Form 4 explains they convert one-for-one into Amgen shares following the RSU vesting schedule, with any remaining fractional share value settled through a separate cash payment.