Amgen VP sells 1,000 shares at $375.79
Amgen Inc. vice president sells a small block of shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Amgen Inc. vice president sells a small block of shares. Matthew C. Busch, Amgen's VP, Finance & CAO, reported an open-market sale of 1,000 shares of Amgen common stock at a price of $375.79 per share. After this transaction, he directly holds 3,423 shares of Amgen common stock.
The filing notes that these holdings include 60 dividend equivalents granted under Amgen's equity incentive plan. These dividend equivalents are tied to unvested restricted stock units and will be paid out in Amgen shares on a one-to-one basis as those awards vest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $375.79 | $376K |
Footnotes (1)
- F1. These shares include 60 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 Matthew C. Busch?
Who is the insider in the latest Amgen (AMGN) Form 4 filing?
What are the dividend equivalents mentioned in the Amgen (AMGN) Form 4 footnote?
AI-generated analysis. How Rhea-AI works. Not financial advice.