Amgen (NASDAQ: AMGN) director Brian Druker receives 665-share RSU grant
Rhea-AI Filing Summary
Druker Brian reported acquisition or exercise transactions in this Form 4 filing.
Amgen Inc. director Brian Druker received an equity award of 665 shares of Amgen common stock as a grant under the company’s director incentive program. The award was in the form of Restricted Stock Units (RSUs) that vested immediately and are paid in common shares on a one-to-one basis.
Following this grant, Druker directly holds 8,391 shares of Amgen common stock, which include 408 dividend equivalents (DEs) credited to his unvested RSUs under a qualifying dividend reinvestment plan.
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Insights
Routine director RSU grant; small, compensation-related equity increase.
Director Brian Druker received 665 Restricted Stock Units of Amgen Inc. common stock as a grant under the company’s 2009 director incentive framework. The RSUs vested immediately and are settled in common shares on a one-to-one basis, so this is compensation, not an open-market purchase.
The filing notes 8,391 shares held directly after the grant, including 408 dividend equivalents credited to unvested RSUs through a dividend reinvestment feature. With no open-market buying or selling, this event is generally viewed as routine board compensation rather than a directional bet on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 665 | $0.00 | -- |
Footnotes (1)
- The Restricted Stock Units (RSUs) were granted pursuant to the Amgen Inc. 2009 Director Incentive Program, as amended, under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and vested immediately. Vested RSUs are paid in shares of the Company's common stock on a one-to-one basis. Vested RSUs may be deferred by the director, in which case payment will occur according to the elected deferral schedule. These shares include 408 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.