Amgen (AMGN) CEO Bradway reports 21,294-share tax-withholding transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amgen Inc.’s Chairman, CEO and President Robert A. Bradway reported a tax-related share disposition. On March 16, 2026, 21,294 shares of Amgen common stock were withheld at $366.21 per share to cover tax obligations, a non-market transaction classified as a tax-withholding disposition. Following this, Bradway directly holds 501,862 shares of common stock. He also reports indirect holdings of 60,060 shares by a GRAT, 60,060 shares by a spousal GRAT, and 29,940 shares by his spouse. The direct holdings include 2,696 dividend equivalents that will settle in shares as related restricted stock units vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Bradway Robert A
Role
Chairman, CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 21,294 | $366.21 | $7.80M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 501,862 shares (Direct);
Common Stock — 60,060 shares (Indirect, By GRAT)
Footnotes (1)
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FAQ
What insider transaction did Amgen (AMGN) report for Robert A. Bradway?
Amgen reported that Robert A. Bradway had 21,294 common shares withheld to satisfy tax obligations. The Form 4 classifies this as a tax-withholding disposition, not an open-market sale, tied to equity compensation rather than a discretionary trade.
Was the Amgen (AMGN) insider transaction an open-market sale?
No, the Form 4 describes the event as a tax-withholding disposition, coded “F.” Shares were delivered to cover tax liabilities at $366.21 per share, rather than being sold in the open market, making it a routine compensation-related transaction.
What indirect Amgen (AMGN) holdings does Robert A. Bradway report?
Robert A. Bradway reports indirect ownership of 60,060 Amgen shares held by a GRAT, 60,060 shares held by a spousal GRAT, and 29,940 shares held by his spouse. These positions are listed as indirect holdings separate from his direct share ownership.
What are the dividend equivalents mentioned in the Amgen (AMGN) Form 4 footnote?
The footnote states his direct holdings include 2,696 dividend equivalents credited to unvested restricted stock units. These are paid out in shares of Amgen common stock as the related units vest, with cash paid for any remaining fractional share amounts.