Santos Esteban 4
4 · AMGEN INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Amgen EVP Santos Esteban Sells 5,621 Shares for Tax Withholding
What Happened
- Santos Esteban, Executive Vice President, Operations at Amgen (AMGN), disposed of 5,621 shares on March 16, 2026 to satisfy a tax liability related to equity compensation. The shares were disposed at $366.21 each, totaling approximately $2,058,466. This transaction reflects tax-withholding from equity awards rather than an open-market sale for investment purposes.
Key Details
- Transaction date and price: 3/16/2026 — 5,621 shares disposed at $366.21 per share.
- Transaction value: ~$2,058,466.
- Shares owned after transaction: Not specified in the excerpt of the filing provided.
- Footnotes: F1 — 696 of the shares are Dividend Equivalents credited to unvested RSUs and paid out in shares on a one-for-one basis per the vesting schedule; F2 — some holdings are via the company 401(k) stock fund (reported as plan interests).
- Filing timeliness: Reported on 3/18/2026 (two days after the transaction), which is timely for Form 4 reporting.
Context
- Code F indicates shares were used to satisfy tax withholding obligations tied to equity compensation (common when RSUs vest or options are exercised). Such withholding transactions are routine administrative actions and do not necessarily indicate the insider's view of the company’s prospects.
Insider Transaction Report
Form 4
AMGEN INCAMGN
Santos Esteban
EVP, Operations
Transactions
- Tax Payment
Common Stock
[F1]2026-03-16$366.21/sh−5,621$2,058,466→ 82,404 total
Holdings
- 909.993(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]These shares include 696 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 shares are acquired under the Company's 401(k) Plan and represent interests in the Company's stock fund as of this filing.
Signature
/s/ Esteban Santos|2026-03-16