Amgen (AMGN) finance VP reports 327-share tax withholding, holds 4,048 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amgen Inc. vice president, finance and chief accounting officer Matthew C. Busch reported a small tax-related share disposition. On the reported date, 327 shares of Amgen common stock were withheld at a price of $366.21 per share to satisfy tax obligations, classified as a tax-withholding disposition rather than an open-market sale.
After this transaction, Busch directly held 4,048 shares of Amgen common stock. His holdings include 68 dividend equivalents credited under Amgen’s equity incentive plan, which will be paid out in common shares as related restricted stock units vest.
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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 327 | $366.21 | $120K |
Holdings After Transaction:
Common Stock — 4,048 shares (Direct)
Footnotes (1)
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FAQ
What did Amgen (AMGN) executive Matthew C. Busch report in this Form 4 filing?
Matthew C. Busch reported a tax-related share disposition involving 327 Amgen common shares. These shares were withheld to satisfy tax liabilities, not sold on the open market, and the transaction reflects routine administration of his equity compensation rather than a discretionary trade.
Was Matthew C. Busch’s Amgen (AMGN) Form 4 transaction an open-market sale?
No. The Form 4 characterizes the 327-share transaction as a tax-withholding disposition. Shares were delivered to satisfy tax liabilities associated with equity compensation, rather than being sold in the open market as a discretionary buy or sell decision.