Miller Derek 4
Research Summary
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Amgen SVP Derek Miller Sells 1,616 Shares for Tax Withholding
What Happened Derek Miller, Senior Vice President, Human Resources at Amgen Inc. (AMGN), had 1,616 shares disposed on March 16, 2026 to satisfy tax withholding obligations tied to equity compensation. The shares were recorded at $366.21 per share for a total value of $591,795. This was a tax-withholding/share-for-tax transaction (Form 4 code F), not an open-market sale or a purchase.
Key Details
- Transaction date: 2026-03-16; Form filed: 2026-03-18 (reporting period 2026-03-16).
- Disposed: 1,616 shares at $366.21 each; total value $591,795.
- Transaction code: F (payment of exercise price or tax liability — shares withheld).
- Footnote: 197 of the shares are Dividend Equivalents (DEs) credited to unvested RSUs under Amgen’s equity plan; DEs are paid out in shares one-for-one per vesting schedule, with cash for any fractional share (see F1).
- Shares owned following the transaction: not specified in the filing.
- Filing timeliness: filed two days after the transaction date; no late filing indication in the record.
Context This was a routine tax-withholding event tied to restricted stock units/dividend equivalents vesting. Such share-withholdings are administrative and do not necessarily indicate the insider’s view on the company’s stock.