AMGN.NASDAQAmgen INC

Form 4: Amgen EVP, Operations, Esteban Santos, Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

📋All filings for Amgen INC
🔒Login to Follow

Esteban Santos, EVP of Operations at Amgen, reports the disposition of shares to cover tax obligations related to vesting restricted stock units and an acquisition of shares through the company's 401(k) plan.

Summary

  • On March 18, 2024, Esteban Santos, EVP of Operations at Amgen, filed a Form 4 detailing changes in beneficial ownership of Amgen stock.
  • Santos disposed of 6,137 shares of common stock at a price of $268.87 to cover tax obligations.
  • Following the transaction, Santos directly owns 70,213 shares of Amgen common stock, including restricted stock units (RSUs) that vest at various dates in the future.
  • Santos also indirectly owns 856.6105 shares through the company's 401(k) plan.
  • The reported holdings include RSUs vesting between 2024 and 2027 and dividend equivalents (DEs) that are paid out in shares of common stock according to the vesting schedule.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, allowing investors to track ownership changes.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

DateDescription
03/18/2024Date of transaction and filing of Form 4.
04/30/2024Vesting date for 1,308 RSUs.
04/30/2025Vesting date for 1,348 RSUs.
05/02/2024Vesting date for 1,200 RSUs.
05/02/2025Vesting date for 2,374 RSUs.
05/02/2026Vesting date for 2,385 RSUs.
05/02/2027Vesting date for 1,211 RSUs.
05/05/2024Vesting date for 1,151 RSUs.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.