Form 4: Amgen EVP & CFO Peter H. Griffith Reports Stock Disposal
SEC Form 4 Filing
Peter H. Griffith, EVP & CFO of Amgen Inc., reported the disposal of 648 shares of common stock on May 5, 2024, to cover tax obligations related to vested Restricted Stock Units (RSUs).
Summary
- On May 5, 2024, Peter H. Griffith, the EVP & CFO of Amgen Inc., disposed of 648 shares of Amgen's common stock.
- The transaction was executed at a price of $311.29 per share.
- The disposal was related to the satisfaction of tax obligations arising from the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Griffith directly owns 32,777 shares of Amgen common stock, which includes vested and unvested RSUs and dividend equivalents.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This filing indicates the sale of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/05/2024 | Date of stock disposal transaction. |
| 04/30/2025 | Vesting date for 1,135 RSUs. |
| 05/02/2025 | Vesting date for 1,286 RSUs. |
| 05/02/2026 | Vesting date for 1,325 RSUs and 1,259 RSUs. |
| 05/02/2027 | Vesting date for 1,297 RSUs. |
| 05/07/2024 | Date of Form 4 filing. |
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