Amgen (AMGN) director Garland receives 665 RSUs that vest immediately
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garland Greg C. reported acquisition or exercise transactions in this Form 4 filing.
AMGEN INC director Greg C. Garland received 665 shares of common stock through a stock award. The award was a grant of Restricted Stock Units under Amgen’s director incentive program, which vested immediately and was settled in shares on a one-to-one basis. Following this grant, Garland directly holds 13,848 shares of Amgen common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garland Greg C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 665 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,848 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 665 shares
Grant price per share: $0.00 per share
Shares held after grant: 13,848 shares
3 metrics
RSU grant size
665 shares
Restricted Stock Units granted to director on transaction date
Grant price per share
$0.00 per share
Equity award, no cash paid by director
Shares held after grant
13,848 shares
Director’s direct Amgen common stock holdings after transaction
Key Terms
Restricted Stock Units (RSUs), Director Incentive Program, Equity Incentive Plan
3 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.
Director Incentive Program financial
"were granted pursuant to the Amgen Inc. 2009 Director Incentive Program, as amended"
Equity Incentive Plan financial
"under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What did Amgen (AMGN) director Greg C. Garland report in this Form 4?
Greg C. Garland reported receiving a grant of 665 shares of Amgen common stock via Restricted Stock Units. These RSUs vested immediately and were paid in shares on a one-to-one basis, increasing his direct holdings to 13,848 shares after the transaction.
Was Greg C. Garland’s Amgen (AMGN) stock grant an open-market purchase?
No, the transaction was not an open-market purchase. It was a grant of 665 Restricted Stock Units under Amgen’s director incentive program, which vested immediately and was paid in shares, reflecting equity compensation rather than a discretionary stock buy.
How are the Restricted Stock Units (RSUs) in this Amgen (AMGN) filing structured?
The RSUs were granted under Amgen’s 2009 Director Incentive Program and vested immediately. Each vested RSU is paid in one share of common stock, and directors may defer payment according to an elected deferral schedule, providing flexibility in timing of share delivery.