Form 4: Amgen CEO Robert Bradway Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Amgen's CEO, Robert Bradway, disposed of 2,220 shares of common stock on May 5, 2024, to cover tax obligations.
Summary
- On May 5, 2024, Robert A. Bradway, the Chairman, CEO, and President of Amgen Inc., disposed of 2,220 shares of Amgen common stock.
- The transaction was executed to satisfy tax obligations.
- The price per share was $311.29.
- Following the transaction, Bradway beneficially owns 657,281 shares of Amgen common stock.
- These shares include Restricted Stock Units (RSUs) that will vest on various dates in the future.
- The shares also include Dividend Equivalents (DEs) granted pursuant to the Amgen Inc. 2009 Amended and Restated Equity Incentive Plan.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a routine stock transaction for tax purposes. It doesn't indicate any positive or negative sentiment regarding the company's performance or future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations, which is common among executives holding company stock and equity awards.
Key Dates
| Date | Description |
|---|---|
| 05/05/2024 | Date of stock disposal transaction. |
| 05/06/2024 | Date of signature on the report. |
| 4/30/2025 | Vesting date for 4,516 RSUs. |
| 5/2/2025 | Vesting date for 4,548 RSUs. |
| 5/2/2026 | Vesting date for 4,686 RSUs and 4,450 RSUs. |
| 5/2/2027 | Vesting date for 4,586 RSUs. |
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