Amgen EVP logs tax-withholding share disposition
Amgen Inc. executive Esteban Santos, EVP of Operations, reported compensation-related share activity in Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Amgen Inc. executive Esteban Santos, EVP of Operations, reported compensation-related share activity in Common Stock. On May 2, 2026, he had 1,338 shares withheld as a tax-withholding disposition in two F-code transactions at $329.82 per share, a non‑market mechanism used to satisfy tax obligations on equity awards rather than an open-market sale. He also reported 909.9906 shares held indirectly through the Company’s 401(k) Plan, representing interests in Amgen’s stock fund.
Insider Trade Summary
Exercise Price or Tax Liability: 1,338 shares
Exercise Price or Tax Liability
3 txns
Insider
Santos Esteban
Role
EVP, Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 697 | $329.82 | $230K |
| Exercise Price or Tax Liability | Common Stock | 641 | $329.82 | $211K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 81,066 shares (Direct);
Common Stock — 909.9906 shares (Indirect, 401K Plan)
Footnotes (2)
- F1. These shares include 414 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.
- F2. These shares are acquired under the Company's 401(k) Plan and represent interests in the Company's stock fund as of this filing.
Key Figures
Tax-withholding shares (total): 1,338 shares
Tax-withholding lot 1: 641 shares at $329.82
Tax-withholding lot 2: 697 shares at $329.82
+2 more
5 metrics
Tax-withholding shares (total)
1,338 shares
F-code tax-withholding dispositions on May 2, 2026
Tax-withholding lot 1
641 shares at $329.82
Common Stock F-code disposition
Tax-withholding lot 2
697 shares at $329.82
Common Stock F-code disposition
Indirect 401(k) holdings
909.9906 shares
Interests in Amgen stock fund via 401(k) Plan
Tax-withholding transactions
2 F-code entries
Payment of exercise price or tax liability by delivering securities
Key Terms
tax-withholding disposition, Dividend Equivalents, Restricted Stock Units, 401(k) Plan
4 terms
tax-withholding disposition financial
"F-code transactions described as a tax-withholding disposition to satisfy liabilities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Dividend Equivalents financial
"These shares include 414 Dividend Equivalents (DEs) granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
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.
401(k) Plan financial
"These shares are acquired under the Company's 401(k) Plan and represent interests in the Company's stock fund"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Esteban Santos report in the latest Amgen (AMGN) Form 4?
EVP of Operations Esteban Santos reported compensation-related activity in Amgen common stock. Two F-code entries withheld 1,338 shares to cover tax obligations, and he also reported 401(k) Plan holdings representing interests in the company’s stock fund.
Were Esteban Santos’s Amgen (AMGN) transactions open-market sales?
No, the Form 4 shows F-code tax-withholding dispositions, not open-market sales. A total of 1,338 shares was delivered to cover exercise price or tax liabilities related to equity compensation rather than sold in the market.
What Amgen (AMGN) holdings did Esteban Santos report through the 401(k) Plan?
Santos reported 909.9906 shares of Amgen common stock held indirectly via the company’s 401(k) Plan. These represent interests in Amgen’s stock fund as of the filing date, separate from his directly held common stock position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
