Amgen (AMGN) director Omar Ishrak receives 665-share stock grant in Form 4
Rhea-AI Filing Summary
ISHRAK OMAR reported acquisition or exercise transactions in this Form 4 filing.
Amgen director Omar Ishrak received a stock grant of 665 shares of common stock as compensation. The award was made as Restricted Stock Units under Amgen’s 2009 director incentive program and vested immediately, with payment in common shares on a one-to-one basis.
After this grant, Ishrak directly holds a total of 7,358.7361 Amgen common shares. Footnotes indicate the total includes 418 dividend equivalents credited to his unvested RSUs, which will also be settled in shares according to their vesting schedule.
Positive
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Negative
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Insights
Routine director equity grant increases Amgen insider holdings modestly.
Amgen granted director Omar Ishrak 665 shares of common stock via immediately vested Restricted Stock Units under its 2009 director incentive program. This is a standard form of non-cash board compensation rather than an open-market purchase or sale.
Following the grant, Ishrak holds 7,358.7361 common shares directly, including 418 dividend equivalent units tied to unvested RSUs. The filing shows no derivative exercises or sales, so this is a straightforward increase in his equity exposure through the company’s long-standing incentive plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 665 | $0.00 | -- |
Footnotes (1)
- The Restricted Stock Units (RSUs) were granted pursuant to the Amgen Inc. 2009 Director Incentive Program, as amended, under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and vested immediately. Vested RSUs are paid in shares of the Company's common stock on a one-to-one basis. Vested RSUs may be deferred by the director, in which case payment will occur according to the elected deferral schedule. These shares include 418 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.