Form 4: Amgen EVP & CFO Peter Griffith Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Peter Griffith, EVP & CFO of Amgen, disposed of 603 shares of common stock on April 30, 2024, to satisfy tax withholding obligations related to vested Restricted Stock Units.
Summary
- On April 30, 2024, Peter H. Griffith, the EVP & CFO of Amgen Inc., disposed of 603 shares of Amgen's common stock.
- The transaction was executed at a price of $276.38 per share.
- This disposal was to cover tax obligations related to vested Restricted Stock Units (RSUs).
- Following the transaction, Griffith directly owns 34,107 shares of Amgen common stock, which includes unvested RSUs and Dividend Equivalents (DEs).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive stock transactions, indicating a neutral sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation packages and tax obligations. These transactions are closely monitored by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of stock disposal transaction. |
| 05/01/2024 | Date of Form 4 filing. |
| 05/05/2024 | Vesting date for 1,151 RSUs. |
| 04/30/2025 | Vesting date for 1,135 RSUs. |
| 05/02/2024 | Vesting date for 1,286 RSUs. |
| 05/02/2025 | Vesting date for 1,286 RSUs. |
| 05/02/2026 | Vesting date for 1,325 RSUs. |
| 05/02/2025 | Vesting date for 1,258 RSUs. |
| 05/02/2026 | Vesting date for 1,259 RSUs. |
| 05/02/2027 | Vesting date for 1,297 RSUs. |
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