STOCK TITAN

Amgen (AMGN) SVP Rachna Khosla exercises 1,252 options and sells 3,252 shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Amgen Inc. senior vice president of business development Rachna Khosla reported a set of option-related and open-market transactions. On 2026-08-13 she exercised 1,252 options at $162.60 per share to acquire 1,252 common shares, then sold those 1,252 shares at an average price of $416.4256, including shares sold to cover the option exercise price and required withholding taxes. She also sold 2,000 common shares on 2026-08-11 at an average price of $412.567 per share.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Khosla Rachna
Role SVP, Business Development
Sold 3,252 shs ($1.35M)
Approx. gross sale proceeds $1.35M
Approx. exercise cost $204K
Type Security Shares Price Value
Exercise Nqso (Right to Buy) 1,252 $0.00 $0.00
Exercise Common Stock 1,252 $162.60 $204K
Sale Common Stock F1, F2 1,252 $416.4256 $521K
Sale Common Stock 2,000 $412.567 $825K
Holdings After Transaction: Nqso (Right to Buy) — 0 shares (Direct); Common Stock — 6,404 shares (Direct)
Footnotes (2)
  1. F1. Includes shares sold to cover the option exercise price and required withholding taxes in connection with the exercise of expiring options.
  2. F2. These shares include 69 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.
Options exercised 1,252 shares Non-qualified stock options exercised on 2026-08-13
Option exercise price $162.60 per share Exercise price for 1,252 options exercised on 2026-08-13
Sale on 2026-08-13 1,252 shares at $416.4256 Common stock sale including shares to cover exercise price and taxes
Sale on 2026-08-11 2,000 shares at $412.567 Open-market or private transaction in common stock
Total shares sold 3,252 shares Aggregate common shares sold across reported transactions
Option grant term 2019-05-01 to 2027-05-01 Exercise and expiration dates for the exercised options
Dividend Equivalents (DEs) financial
"These shares include 69 Dividend Equivalents (DEs) granted pursuant to the Amgen Inc."
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.
withholding taxes financial
"Includes shares sold to cover the option exercise price and required withholding taxes"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan financial
"granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan"
dividend reinvestment plan financial
"subject to a qualifying dividend reinvestment plan. DEs are credited to the reporting"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

FAQ

What insider transactions did Amgen (AMGN) executive Rachna Khosla report?

Rachna Khosla reported exercising 1,252 options and selling a total of 3,252 common shares. The activity included one option exercise and two sales on 2026-08-11 and 2026-08-13 at prices above $400 per share.

At what price did Amgen (AMGN) SVP Rachna Khosla exercise her stock options?

She exercised 1,252 stock options at $162.60 per share. These options, originally granted as non-qualified stock options, had an exercise date of 2019-05-01 and an expiration date of 2027-05-01, and converted into common stock upon exercise.

How many Amgen (AMGN) shares did Rachna Khosla sell and at what prices?

She sold 1,252 shares of common stock on 2026-08-13 at an average price of $416.4256, and 2,000 shares on 2026-08-11 at an average price of $412.567 per share in open-market or private transactions.

Were any of Rachna Khosla’s Amgen (AMGN) share sales used to cover option costs or taxes?

Yes. A footnote states that the 1,252-share sale on 2026-08-13 includes shares sold to cover the option exercise price and required withholding taxes related to the exercise of expiring options.

What are the Dividend Equivalents mentioned in the Amgen (AMGN) Form 4 footnotes?

The filing notes that certain reported shares include 69 Dividend Equivalents (DEs), credited to unvested Restricted Stock Units. DEs are paid out in Amgen common stock on a one-to-one basis under a qualifying dividend reinvestment plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Khosla Rachna

(Last)(First)(Middle)
ONE AMGEN CENTER DRIVE

(Street)
THOUSAND OAKS CALIFORNIA 91320

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AMGEN INC [ AMGN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Business Development
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/11/2026S2,000D$412.5676,404D
Common Stock08/13/2026M1,252A$162.67,656D
Common Stock08/13/2026S1,252(1)D$416.42566,404(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Nqso (Right to Buy)$162.608/13/2026M1,25205/01/201905/01/2027Common Stock1,252$00D
Explanation of Responses:
1. Includes shares sold to cover the option exercise price and required withholding taxes in connection with the exercise of expiring options.
2. These shares include 69 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.
/s/ Rachna Khosla08/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)