Grygiel Nancy A. 4
4 · AMGEN INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Amgen (AMGN) SVP Nancy Grygiel Surrenders 787 Shares for Taxes
What Happened Nancy A. Grygiel, Senior Vice President and Chief Commercial Officer of Amgen (AMGN), had 787 shares disposed on March 16, 2026 to satisfy a tax liability related to equity awards. The shares were valued at $366.21 each for a total of approximately $288,207. This was a withholding/payment of taxes on compensation-related equity (transaction code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-03-16, 787 shares @ $366.21 → $288,207 (rounded).
- Transaction type: Code F — shares withheld/ surrendered to cover tax withholding on equity awards.
- Footnote highlights:
- F1: The 787 shares include 122 Dividend Equivalents credited to unvested Restricted Stock Units and paid out in shares per the vesting schedule.
- F2: The filing also references shares held under the company 401(k) stock fund (these are plan holdings, not part of this disposal).
- Shares owned after the transaction: not specified in the Form 4 filing.
- Filing timeliness: Report filed 2026-03-18 for a 2026-03-16 transaction — appears timely.
Context This was a tax-withholding event tied to equity compensation (including dividend equivalents) rather than a discretionary sale, so it reflects routine administration of vested awards rather than a directional investment decision. For retail investors, tax withholding disposals do not necessarily signal insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-16$366.21/sh−787$288,207→ 8,488 total
- 106.187(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]These shares include 122 Dividend Equivalents (DEs) granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and subject to a qualifying dividend reinvestment plan. DEs are credited to the reporting person's unvested Restricted Stock Units and are paid out in shares of the Company's common stock on a one-to-one basis according to the vesting schedule, along with a cash payment for any remaining fractional share amount.
- [F2]These are shares acquired under the Company's 401(k) Plan and represent interests in the Company's stock fund as of this filing.