Amgen (NASDAQ: AMGN) EVP receives RSUs, options and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amgen executive Esteban Santos reported routine equity compensation and a small tax-related share disposition. He received 2,730 shares of Amgen common stock on May 5, 2026 as a grant under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan. These Restricted Stock Units vest in four equal annual installments of 25% each, beginning on May 5, 2027, and will be settled one-for-one in common shares as they vest.
On the same date, he was granted non-qualified stock options covering 17,814 shares of common stock at $329.59 per share, also vesting in four annual 25% installments starting on May 5, 2027 and expiring on May 5, 2036. On May 6, 2026, 427 shares of common stock valued at $329.59 per share were withheld to cover tax obligations, leaving him with 83,369 directly held shares. He also has 909.9906 shares held indirectly through a 401K plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Santos Esteban
Role
EVP, Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 427 | $329.59 | $141K |
| Grant/Award | Nqso (Right to Buy) | 17,814 | $329.59 | $5.87M |
| Grant/Award | Common Stock | 2,730 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 83,369 shares (Direct, null);
Nqso (Right to Buy) — 17,814 shares (Direct, null);
Common Stock — 909.991 shares (Indirect, 401K Plan)
Footnotes (1)
- The Restricted Stock Units (RSUs) were granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan (the Equity Incentive Plan) and vest in four equal annual installments of 25% each, commencing on 5/5/2027. Vested RSUs will be paid in shares of the Company's common stock on a one-to-one basis. These shares include 388 Dividend Equivalents (DEs) granted pursuant to the 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. These non-qualified stock options were granted pursuant to the Equity Incentive Plan and vest and are exercisable in four equal annual installments of 25% each, commencing on 5/5/2027.
Key Figures
RSU grant: 2,730 shares
Option grant size: 17,814 shares
Option exercise price: $329.59/share
+5 more
8 metrics
RSU grant
2,730 shares
Restricted Stock Units granted on May 5, 2026
Option grant size
17,814 shares
Non-qualified stock options granted May 5, 2026
Option exercise price
$329.59/share
Non-qualified stock options strike price
Option vesting start
May 5, 2027
First 25% annual vesting installment
Option expiration
May 5, 2036
Expiry date of non-qualified stock options
Tax-withheld shares
427 shares
Shares delivered for tax liability at $329.59
Direct holdings post-transaction
83,369 shares
Common stock directly held after Form 4 events
Indirect 401K holdings
909.9906 shares
Common stock held via 401K plan
Key Terms
Restricted Stock Units (RSUs), Dividend Equivalents (DEs), non-qualified stock options, Equity Incentive Plan, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"The Restricted Stock Units (RSUs) were granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Dividend Equivalents (DEs) financial
"These shares include 388 Dividend Equivalents (DEs) granted pursuant to the Equity Incentive Plan"
non-qualified stock options financial
"These non-qualified stock options were granted pursuant to the Equity Incentive Plan"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
Equity Incentive Plan financial
"granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan (the 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.
401K Plan financial
"nature_of_ownership": "401K Plan""
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
FAQ
What equity awards did Amgen (AMGN) EVP Esteban Santos receive?
Esteban Santos received 2,730 Restricted Stock Units and non-qualified stock options for 17,814 Amgen shares at $329.59 per share. Both awards were granted under Amgen’s Equity Incentive Plan and vest in four equal annual installments beginning May 5, 2027.
How do Esteban Santos’s new Amgen RSUs vest and settle?
The 2,730 RSUs vest in four equal 25% annual installments starting May 5, 2027. Once vested, each RSU is paid out in one share of Amgen common stock, providing equity compensation spread over several years tied to continued service.
What are the key terms of Esteban Santos’s new Amgen stock options?
Santos received 17,814 non-qualified stock options with a $329.59 exercise price per share. These options vest in four equal annual tranches starting May 5, 2027, and remain exercisable until May 5, 2036, offering long-term participation in Amgen’s share performance.
What are Dividend Equivalents in Esteban Santos’s Amgen RSU grants?
Dividend Equivalents are additional credits linked to dividends on unvested RSUs. Santos’s position includes 388 Dividend Equivalents that convert into Amgen common shares on a one-to-one basis following the RSU vesting schedule, with any fractional remainder settled in cash.