Form 4: Amgen VP, Finance & CAO Matthew C. Busch Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Matthew C. Busch, VP, Finance & CAO of Amgen Inc., reports a transaction involving common stock due to tax withholding upon vesting of Restricted Stock Units.
Summary
- On November 5, 2024, Matthew C. Busch, VP, Finance & CAO of Amgen Inc., filed a Form 4 indicating changes in beneficial ownership of Amgen's common stock.
- The transaction involved the disposition of 189 shares at a price of $316.91 per share.
- This disposition was related to tax withholding upon the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Busch beneficially owns 4,770 shares of Amgen common stock.
- These shares include various RSUs with vesting dates ranging from April 30, 2025, to May 7, 2028.
- The shares also include 90 Dividend Equivalents (DEs) granted pursuant to the Company's Equity Plan and subject to a qualifying dividend reinvestment plan.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Amgen. It provides transparency regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine stock transaction by an executive.
Key Dates
| Date | Description |
|---|---|
| 11/05/2024 | Date of transaction and filing of Form 4 |
| 4/30/2025 | Vesting date for 43 RSUs |
| 11/5/2025 | Vesting date for 509 RSUs |
| 5/2/2025 | Vesting date for 71 RSUs |
| 5/2/2026 | Vesting date for 73 RSUs |
| 5/2/2025 | Vesting date for 97 RSUs |
| 5/2/2026 | Vesting date for 98 RSUs |
| 5/2/2027 | Vesting date for 101 RSUs |
| 5/7/2026 | Vesting date for 109 RSUs |
| 5/7/2027 | Vesting date for 110 RSUs |
| 5/7/2028 | Vesting date for 114 RSUs |
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