Form 4: Amgen SVP Derek Miller Reports Stock Disposal to Cover Tax Obligations
SEC Form 4
Amgen's SVP of Human Resources, Derek Miller, disposed of 78 shares of common stock on May 5, 2024, to cover tax obligations related to vested restricted stock units.
Summary
- On May 5, 2024, Derek Miller, SVP of Human Resources at Amgen Inc., disposed of 78 shares of Amgen common stock.
- The transaction was executed at a price of $311.29 per share.
- The disposal was related to covering tax obligations associated with vested Restricted Stock Units (RSUs).
- Following the transaction, Miller directly owns 8,118 shares of Amgen common stock, which includes unvested RSUs and dividend equivalents (DEs).
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate any significant change in the executive's holdings or outlook.
Industry Context
This is a routine Form 4 filing, reflecting a common practice among corporate executives to manage their equity compensation and related tax obligations. It doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/05/2024 | Date of stock disposal transaction. |
| 04/30/2025 | Vesting date for 134 RSUs. |
| 05/02/2025 | Vesting date for 286 RSUs. |
| 05/02/2026 | Vesting date for 295 RSUs. |
| 05/02/2025 | Vesting date for 363 RSUs. |
| 05/02/2026 | Vesting date for 363 RSUs. |
| 05/02/2027 | Vesting date for 375 RSUs. |
| 05/07/2024 | Date of Form 4 filing. |
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