Form 4: Amgen CTO Gifts Shares to Charitable Organizations

Amgen's EVP & Chief Technology Officer, David M. Reese, reported gifting a total of 6,799 shares of common stock to charitable organizations.

Summary

• David M. Reese, Amgen Inc.'s EVP & Chief Technology Officer, reported two charitable gifts of common stock.
• On November 11, 2025, 6,490 shares of common stock were gifted to a charitable donor advised fund.
• On November 12, 2025, an additional 309 shares of common stock were gifted to a non-profit charitable organization.
• Following these transactions, David M. Reese beneficially owns 35,503 shares of Amgen common stock.
• The beneficially owned shares include 583 Dividend Equivalents (DEs) granted under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan, which are paid out in shares on a one-to-one basis upon vesting.

Sentiment

Score: 5

Explanation: The filing reports charitable gifts of shares by an executive, which is a neutral event for the company's operational performance or financial health, though it reduces insider ownership.

Positives

• The transactions demonstrate philanthropic activity by a senior executive, potentially enhancing the company's and executive's public image.

Negatives

• A reduction in direct beneficial ownership by a key executive, totaling 6,799 shares.

Future Outlook

This filing, a Form 4, reports specific insider transactions and does not provide any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Insider transaction reports like this Form 4 are specific to individual executive stock ownership and do not typically reflect broader industry trends or competitive dynamics. They provide transparency into executive holdings and changes.

Stakeholder Impact

• Shareholders: A minor reduction in the direct beneficial ownership of common stock by a key executive.
• Charitable Organizations: Direct beneficiaries of the gifted shares.

Key Dates

Keywords

Amgen, AMGN, Form 4, Insider Transaction, Stock Gift, David M. Reese, Executive Stock Ownership, Charitable Donation