Amgen SVP logs tax-withholding share disposals
Amgen Inc. SVP Rachna Khosla reported routine tax-withholding share dispositions.
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Form Type
4
Rhea-AI Filing Summary
Amgen Inc. SVP Rachna Khosla reported routine tax-withholding share dispositions. On May 2, 2026, a total of 225 shares of Amgen common stock were withheld at $329.82 per share to cover tax liabilities tied to equity awards, not as open-market sales. She continues to hold a direct stake in Amgen stock, and her holdings also reflect 73 dividend equivalents linked to unvested restricted stock units that will settle in shares as they vest.
Insider Trade Summary
Exercise Price or Tax Liability: 225 shares
Exercise Price or Tax Liability
2 txns
Insider
Khosla Rachna
Role
SVP, Business Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 117 | $329.82 | $39K |
| Exercise Price or Tax Liability | Common Stock | 108 | $329.82 | $36K |
Holdings After Transaction:
Common Stock — 8,066 shares (Direct)
Footnotes (1)
- F1. These shares include 73 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: 225 shares
First withholding lot: 108 shares at $329.82/share
Second withholding lot: 117 shares at $329.82/share
+3 more
6 metrics
Tax-withholding shares
225 shares
Total common shares disposed for tax withholding on May 2, 2026
First withholding lot
108 shares at $329.82/share
Common stock disposition coded F on May 2, 2026
Second withholding lot
117 shares at $329.82/share
Common stock disposition coded F on May 2, 2026
Shares following one transaction
8,066 shares
Direct common stock ownership after one withholding entry
Shares following other transaction
8,174 shares
Direct common stock ownership after the other withholding entry
Dividend equivalents
73 DEs
Will be paid in Amgen common stock as RSUs vest
Key Terms
Dividend Equivalents, Restricted Stock Units, Equity Incentive Plan, tax-withholding disposition
4 terms
Dividend Equivalents financial
"These shares include 73 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..."
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Amgen (AMGN) executive Rachna Khosla report in this Form 4?
Rachna Khosla reported that 225 Amgen shares were disposed of on May 2, 2026 to satisfy tax obligations on equity compensation. These were coded as tax-withholding transactions, not open-market sales, and she continues to hold a direct equity position in Amgen.
Do these Amgen (AMGN) Form 4 transactions represent open-market sales?
No, the transactions are coded “F,” indicating shares were withheld to pay taxes or exercise costs on equity awards. The filing explicitly describes these as tax-withholding dispositions, meaning they were not discretionary open-market sales initiated by the executive.
What is Rachna Khosla’s ownership position in Amgen (AMGN) after the reported transactions?
The Form 4 indicates that Khosla continues to directly own thousands of Amgen shares following the tax-withholding events. The reported holdings also include 73 dividend equivalents that will be paid in Amgen common stock as her restricted stock units vest.
What are dividend equivalents (DEs) mentioned in the Amgen (AMGN) Form 4 footnote?
Dividend equivalents are additional units credited on unvested restricted stock units to reflect dividends that would have been paid on underlying shares. In this case, 73 DEs will pay out in Amgen common stock on a one-to-one basis as the related RSUs vest.
Which Amgen (AMGN) compensation plan governs the reported dividend equivalents and RSUs?
The dividend equivalents and associated restricted stock units are granted under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan. That plan allows DEs to be credited and later settled in Amgen common stock based on the RSUs’ vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
