Amgen (AMGN) EVP David Reese uses 6,022 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMGEN INC executive David M. Reese reported a compensation-related share disposition tied to tax obligations. On March 16, 2026, 6,022 shares of Amgen common stock were delivered at $366.21 per share to satisfy tax liability or exercise costs, a transaction coded as tax-withholding. Following this event, Reese directly held 41,787 Amgen shares. A portion of his position also reflects dividend equivalents credited to unvested restricted stock units that will be paid in shares as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
REESE DAVID M
Role
EVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,022 | $366.21 | $2.21M |
Holdings After Transaction:
Common Stock — 41,787 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Amgen (AMGN) EVP David M. Reese report?
David M. Reese reported a tax-related share disposition of 6,022 Amgen common shares on March 16, 2026. The Form 4 shows these shares were delivered to cover a tax liability or exercise price, not as an open-market sale.
Was David M. Reese’s Amgen (AMGN) Form 4 transaction an open-market sale?
No, the transaction was coded “F”, meaning tax-withholding or payment of an exercise price using shares. This indicates the shares were used to satisfy obligations related to equity awards, rather than being sold in the open market.
What are dividend equivalents (DEs) mentioned in David M. Reese’s Amgen (AMGN) filing?
Dividend equivalents are credits linked to unvested restricted stock units that mirror dividends on Amgen shares. The filing notes 744 DEs, which will be paid out in Amgen common stock as the related RSUs vest, plus cash for any fractional amounts.
Which equity plan governs David M. Reese’s Amgen (AMGN) dividend equivalents?
The dividend equivalents are granted under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan. They are tied to unvested restricted stock units and are paid out in Amgen common shares according to the awards’ vesting schedules.