Grygiel Nancy A. 4

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.