Amgen VP reports 327-share tax withholding
Amgen Inc. vice president, finance and chief accounting officer Matthew C. Busch reported a small tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 327 | $366.21 | $120K |
Footnotes (1)
- F1. These shares include 68 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.
FAQ
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What did Amgen (AMGN) executive Matthew C. Busch report in this Form 4 filing?
Was Matthew C. Busch’s Amgen (AMGN) Form 4 transaction an open-market sale?
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