Amgen (AMGN) director Michael V. Drake receives 665-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Drake Michael V reported acquisition or exercise transactions in this Form 4 filing.
Amgen Inc. director Michael V. Drake received 665 shares of common stock as a grant of Restricted Stock Units (RSUs). The RSUs were awarded under Amgen’s 2009 Director Incentive Program and vested immediately, paying out in common shares on a one-to-one basis. Following this award, Drake directly holds about 5,774.2869 Amgen shares, including 339 dividend equivalents credited to his unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Drake Michael V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 665 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,774.287 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units (RSUs) were granted pursuant to the Amgen Inc. 2009 Director Incentive Program, as amended, under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and vested immediately. Vested RSUs are paid in shares of the Company's common stock on a one-to-one basis. Vested RSUs may be deferred by the director, in which case payment will occur according to the elected deferral schedule. These shares include 339 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.
Key Figures
RSU shares granted: 665 shares
Price per share: $0.0000 per share
Total shares after transaction: 5,774.2869 shares
+2 more
5 metrics
RSU shares granted
665 shares
Common Stock grant/award on May 19, 2026
Price per share
$0.0000 per share
Reported transaction price for RSU grant
Total shares after transaction
5,774.2869 shares
Direct Amgen holdings following RSU grant
Dividend equivalents included
339 DEs
Credited to unvested RSUs under equity incentive plan
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
Restricted Stock Units (RSUs), Amgen Inc. 2009 Director Incentive Program, Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan, Dividend Equivalents (DEs), +1 more
5 terms
Restricted Stock Units (RSUs) financial
"The Restricted Stock Units (RSUs) were granted pursuant to the Amgen Inc. 2009 Director Incentive Program..."
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.
Amgen Inc. 2009 Director Incentive Program financial
"RSUs were granted pursuant to the Amgen Inc. 2009 Director Incentive Program, as amended..."
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 Equivalents (DEs) financial
"These shares include 339 DEs granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan..."
qualifying dividend reinvestment plan financial
"339 DEs granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and subject to a qualifying dividend reinvestment plan."
FAQ
What did Amgen (AMGN) director Michael V. Drake report in this Form 4?
Michael V. Drake reported receiving 665 shares of Amgen common stock as a grant of Restricted Stock Units. These RSUs vested immediately and were paid in shares on a one-to-one basis under Amgen’s director incentive and equity incentive plans.
Is Michael V. Drake’s Amgen Form 4 transaction a market purchase or sale?
The Form 4 shows a grant/award acquisition, not an open-market trade. Drake received 665 shares of Amgen common stock from vested Restricted Stock Units as part of director compensation, with no cash price per share reported in the transaction.
What are the key terms of the RSUs reported by Michael V. Drake at Amgen?
The Restricted Stock Units were granted under Amgen’s 2009 Director Incentive Program and Second Amended and Restated 2009 Equity Incentive Plan. They vested immediately and pay out in Amgen common stock on a one-to-one basis, with optional deferral according to an elected schedule.
What are dividend equivalents (DEs) mentioned in Michael V. Drake’s Amgen filing?
Dividend equivalents are credits linked to unvested RSUs under Amgen’s equity plan. Drake’s holdings include 339 DEs that will be paid in Amgen common shares on a one-to-one basis when the related RSUs vest, plus a cash payment for any remaining fractional share amount.