Amgen (AMGN) EVP Bradner reports 446-share tax-withholding transaction, holds 30,016 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amgen Inc. EVP of Research and Development James E. Bradner reported a small tax-related share disposition. On the reported date, 446 shares of common stock were withheld at $331.11 per share to satisfy tax obligations, a non-market transaction classified as a tax-withholding disposition.
After this event, Bradner directly held 30,016 Amgen shares. The reported holdings include 1,273 dividend equivalents tied to unvested restricted stock units that will pay out in Amgen common stock as they vest, along with cash for any fractional share amounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bradner James E.
Role
EVP, Research and Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 446 | $331.11 | $148K |
Holdings After Transaction:
Common Stock — 30,016 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 446 shares
Withholding price: $331.11 per share
Post-transaction holdings: 30,016 shares
+1 more
4 metrics
Tax-withholding shares
446 shares
Common stock withheld to cover tax liability
Withholding price
$331.11 per share
Value used for tax-withholding disposition
Post-transaction holdings
30,016 shares
Direct Amgen holdings after transaction
Dividend equivalents included
1,273 DEs
Credits tied to unvested restricted stock units
Key Terms
Dividend Equivalents (DEs), Restricted Stock Units, Equity Incentive Plan, tax-withholding disposition
4 terms
Dividend Equivalents (DEs) financial
"These shares include 1,273 Dividend Equivalents (DEs) granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan"
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.
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.
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.
FAQ
What insider transaction did Amgen (AMGN) report for James E. Bradner?
Amgen reported that EVP of Research and Development James E. Bradner had 446 shares withheld as a tax-withholding disposition. This non-market transaction covered tax obligations and did not represent an open-market purchase or sale of Amgen common stock.
What are dividend equivalents (DEs) mentioned in the Amgen (AMGN) Form 4 footnote?
Dividend equivalents are credits tied to unvested restricted stock units that mirror dividends on Amgen stock. In this filing, 1,273 DEs are included and will be paid out as shares of Amgen common stock based on the vesting schedule, plus cash for fractional amounts.
Was the Amgen (AMGN) insider transaction an open-market sale or a tax withholding?
The filing classifies the event as a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities on equity awards, meaning they were not actively sold into the market by James E. Bradner.