Amgen CEO logs 5,057-share tax withholding
AMGEN INC Chairman, CEO and President Robert A. Bradway reported routine equity-related activity in company stock.
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Form Type
4
Rhea-AI Filing Summary
AMGEN INC Chairman, CEO and President Robert A. Bradway reported routine equity-related activity in company stock. The filing shows tax-withholding dispositions totaling 5,057 shares of common stock at $329.82 per share, used to cover exercise price or tax liabilities tied to equity awards.
Bradway also reports indirect holdings in Amgen common stock through his spouse and related GRATs, alongside Dividend Equivalents credited to unvested Restricted Stock Units that pay out in shares as they vest. These transactions do not reflect open-market buying or selling decisions.
Insider Trade Summary
Exercise Price or Tax Liability: 5,057 shares
Exercise Price or Tax Liability
5 txns
Insider
Bradway Robert A
Role
Chairman, CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,631 | $329.82 | $868K |
| Exercise Price or Tax Liability | Common Stock | 2,426 | $329.82 | $800K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 496,805 shares (Direct);
Common Stock — 60,060 shares (Indirect, By GRAT);
Common Stock — 60,060 shares (Indirect, By Spousal GRAT);
Common Stock — 29,940 shares (Indirect, By Spouse)
Footnotes (1)
- F1. These shares include 1,624 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.
Key Figures
Tax-withholding shares total: 5,057 shares
First tax-withholding block: 2,426 shares at $329.82/share
Second tax-withholding block: 2,631 shares at $329.82/share
+4 more
7 metrics
Tax-withholding shares total
5,057 shares
Common stock delivered for tax obligations on equity awards
First tax-withholding block
2,426 shares at $329.82/share
Non-derivative disposition code F on common stock
Second tax-withholding block
2,631 shares at $329.82/share
Non-derivative disposition code F on common stock
Spousal indirect holding
29,940 shares
Indirect ownership by spouse, common stock
Spousal GRAT holding
60,060 shares
Indirect ownership by spousal GRAT, common stock
GRAT holding
60,060 shares
Indirect ownership by GRAT, common stock
Dividend Equivalents in RSUs
1,624 DEs
Credited to unvested RSUs, paid out in shares upon vesting
Key Terms
tax-withholding disposition, Dividend Equivalents, Restricted Stock Units, Grantor Retained Annuity Trust, +1 more
5 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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 1,624 Dividend Equivalents (DEs) granted pursuant"
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"
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.
Grantor Retained Annuity Trust financial
"nature_of_ownership: By Spousal GRAT and By GRAT"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: By Spouse / By Spousal GRAT"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AMGN CEO Robert Bradway report?
Robert A. Bradway reported tax-withholding dispositions of Amgen common stock, not open-market trades. The Form 4 shows shares delivered back to the company to cover the exercise price or tax liabilities arising from equity awards, a routine compensation-related event.
Does the Amgen Form 4 show open-market buying or selling by the CEO?
No, the Form 4 reflects tax-withholding dispositions, not open-market purchases or sales. Shares were delivered to pay exercise price or taxes arising from equity compensation. These transactions are mechanistic and do not indicate discretionary trading decisions in the open market.
What indirect Amgen (AMGN) holdings are reported for Robert Bradway?
The filing lists indirect ownership of Amgen common stock held by the CEO’s spouse and by spousal and other GRATs. These entries show ongoing positions associated with related entities, separate from his directly held shares, and are reported as indirect beneficial ownership.
What are Dividend Equivalents mentioned in the Amgen CEO’s Form 4?
Dividend Equivalents are DEs credited to unvested Restricted Stock Units under Amgen’s equity plan. They track dividends on the underlying stock and are paid out in shares of common stock on a one-to-one basis as the RSUs vest, plus cash for any fractional share amounts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
