Amgen (NASDAQ: AMGN) director Omar Ishrak granted new stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ISHRAK OMAR reported acquisition or exercise transactions in this Form 4 filing.
Amgen director Omar Ishrak reported an equity award of 106.1925 shares of Common Stock on a grant/award basis, not an open-market purchase. Following this award, his direct holdings total 6,693.7361 shares of Amgen common stock.
The total includes 418 Dividend Equivalents (DEs) credited under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan. These DEs are linked to unvested Restricted Stock Units and will be paid out in shares on a one-to-one basis as those units vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ISHRAK OMAR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 106.193 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,693.736 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 106.1925 shares
Total holdings after award: 6,693.7361 shares
Dividend Equivalents: 418 DEs
3 metrics
Shares granted
106.1925 shares
Equity award of Amgen Common Stock reported on Form 4
Total holdings after award
6,693.7361 shares
Direct Amgen Common Stock owned following the transaction
Dividend Equivalents
418 DEs
DEs under Amgen 2009 Equity Incentive Plan credited to unvested RSUs
Key Terms
Dividend Equivalents (DEs), Restricted Stock Units, Equity Incentive Plan
3 terms
Dividend Equivalents (DEs) financial
"These shares include 418 Dividend Equivalents (DEs) granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan"
Restricted Stock Units financial
"DEs are credited to the reporting person's unvested Restricted Stock Units and are paid out in shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"granted pursuant to 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 Omar Ishrak report in his latest Form 4 for Amgen (AMGN)?
Omar Ishrak reported receiving an equity award of 106.1925 shares of Amgen common stock. This was classified as a grant or award acquisition, rather than an open-market trade, and increased his total direct holdings reported in this filing.
What are Dividend Equivalents (DEs) mentioned in Omar Ishrak’s Amgen (AMGN) filing?
The filing notes 418 Dividend Equivalents (DEs) credited under Amgen’s 2009 Equity Incentive Plan. DEs mirror dividends on unvested Restricted Stock Units and are paid out in Amgen common shares on a one-to-one basis as those units vest.
Is Omar Ishrak’s Amgen (AMGN) Form 4 transaction a stock purchase or compensation award?
The Form 4 classifies the transaction as a grant, award, or other acquisition of common stock, coded “A.” This indicates a compensation-related equity award, not an open-market stock purchase, and reflects standard director compensation in shares.