Amgen VP sells 1,000 shares at $375.79
Amgen Inc. vice president sells a small block of shares.
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.
Positive
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Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
1 txn
Insider
Busch Matthew C.
Role
VP, Finance & CAO
Sold
1,000 shs ($376K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $375.79 | $376K |
Holdings After Transaction:
Common Stock — 3,423 shares (Direct)
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?
Amgen reported that Matthew C. Busch, its VP, Finance & CAO, sold 1,000 shares of common stock in an open-market transaction at $375.79 per share. This Form 4 filing documents the sale and his updated ownership position after the transaction.
Who is the insider in the latest Amgen (AMGN) Form 4 filing?
The insider is Matthew C. Busch, who serves as Amgen’s Vice President, Finance & Chief Accounting Officer. The Form 4 reports his sale of 1,000 Amgen common shares and provides details on his remaining equity holdings in the company.
What are the dividend equivalents mentioned in the Amgen (AMGN) Form 4 footnote?
The filing notes that Busch’s holdings include 60 dividend equivalents granted under Amgen’s 2009 Equity Incentive Plan. These are credited to his unvested restricted stock units and convert to Amgen common shares on a one-to-one basis as those awards vest.
AI-generated analysis. How Rhea-AI works. Not financial advice.