Amgen (NASDAQ: AMGN) SVP reports 787 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amgen Inc. senior vice president and chief compliance officer Nancy A. Grygiel reported a routine tax-related share withholding. On March 16, 2026, 787 shares of Amgen common stock were disposed of at $366.21 per share to satisfy tax obligations tied to equity compensation.
After this tax-withholding disposition, she directly holds 8,488 Amgen shares, which include 122 dividend equivalents that will pay out in shares as they vest. She also indirectly holds 106.1873 shares through the company’s 401(k) plan stock fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Grygiel Nancy A.
Role
SVP & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 787 | $366.21 | $288K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,488 shares (Direct);
Common Stock — 106.187 shares (Indirect, 401(k) Plan)
Footnotes (1)
- These shares include 122 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. These are shares acquired under the Company's 401(k) Plan and represent interests in the Company's stock fund as of this filing.
FAQ
What insider transaction did Amgen (AMGN) SVP Nancy Grygiel report?
Nancy A. Grygiel reported a tax-withholding disposition of 787 Amgen common shares. These shares were used to cover tax obligations related to equity compensation, rather than an open-market sale, and were priced at approximately $366.21 per share in the transaction record.
Was the Amgen (AMGN) insider transaction a sale on the open market?
The filing classifies the 787-share transaction as a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy tax liabilities arising from equity awards, a routine administrative event that does not reflect a discretionary decision to sell shares on the market.
What does the tax-withholding code F mean in the Amgen (AMGN) Form 4?
Code F indicates shares were disposed of to pay exercise price or tax liabilities tied to equity awards. For Amgen, 787 shares of common stock were used this way, reflecting standard handling of tax obligations on compensation rather than a voluntary buy or sell decision.
How are dividend equivalents treated in Nancy Grygiel’s Amgen (AMGN) holdings?
The filing explains that 122 dividend equivalents are credited to unvested restricted stock units. These are paid out in Amgen common shares on a one-to-one basis as the awards vest, along with a cash payment for any remaining fractional share amount, enhancing eventual share delivery.