Amgen (AMGN) VP Finance receives 938-share stock grant and dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amgen Inc. reported that VP, Finance & CAO Matthew C. Busch acquired 938 shares of common stock on March 3, 2026 through a grant or award, at a stated price of $0.00 per share. After this equity award, his directly held common stock position increased to 4,361 shares.
The reported holdings include 60 dividend equivalents (DEs) granted under Amgen’s Second Amended and Restated 2009 Equity Incentive Plan. These DEs are credited to Busch’s unvested restricted stock units and will be paid out in Amgen common shares on a one-to-one basis according to the vesting schedule, along with a cash payment for any remaining fractional share amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Busch Matthew C.
Role
VP, Finance & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 938 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,361 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Amgen (AMGN) report for Matthew C. Busch?
Amgen reported that VP, Finance & CAO Matthew C. Busch received an equity award of 938 shares of common stock on March 3, 2026. The transaction was coded as a grant or other acquisition, not an open-market purchase or sale, and increased his direct holdings.
What are the 60 dividend equivalents (DEs) referenced in the Amgen (AMGN) Form 4?
The filing states that Busch’s holdings include 60 dividend equivalents granted under Amgen’s Second Amended and Restated 2009 Equity Incentive Plan. These DEs are credited to his unvested RSUs and will convert into Amgen common shares on a one-to-one basis as the RSUs vest.
How will the dividend equivalents for Matthew C. Busch’s Amgen (AMGN) RSUs be settled?
According to the footnote, dividend equivalents tied to Busch’s unvested RSUs will be paid out in Amgen common stock on a one-to-one basis when the RSUs vest. Any remaining fractional share amount will be settled through a cash payment at that time.
Under which plan were Matthew C. Busch’s Amgen (AMGN) dividend equivalents granted?
The 60 dividend equivalents in Busch’s reported holdings were granted under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan. They are subject to a qualifying dividend reinvestment plan and are linked to his unvested restricted stock units in Amgen common stock.