Busch Matthew C. 4
4 · AMGEN INC · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Amgen (AMGN) VP Matthew Busch Sells 68 Shares to Cover Taxes
What Happened
Matthew C. Busch, Vice President, Finance & Chief Accounting Officer at Amgen, had 68 shares of AMGN disposed on May 2, 2026 to satisfy tax withholding obligations tied to equity awards. The transactions consist of 30 shares and 38 shares withheld at $329.82 per share, for total proceeds/withholding of $9,895 and $12,533 respectively (combined ≈ $22,428). This is a routine tax-withholding disposition rather than an open-market sale for investment purposes.
Key Details
- Transaction date: 2026-05-02; Form 4 filed: 2026-05-05.
- Price per share: $329.82. Total shares disposed: 68. Total value: ≈ $22,428.
- Transaction code: F — payment of exercise price or tax liability (tax withholding). These disposals represent shares withheld to cover taxes.
- Footnote: 49 of the shares are Dividend Equivalents (DEs) credited to unvested Restricted Stock Units under Amgen’s 2009 Equity Incentive Plan; DEs are paid in shares on the vesting schedule (with cash for fractional shares).
- Shares owned after the transaction: not disclosed in the provided filing.
Context
This was a withholding event tied to equity compensation (RSUs/DEs), common when awards vest; it does not necessarily signal a change in the insider’s view of the company. The filing identifies the disposals as tax-related (F), not open-market sales.
Insider Transaction Report
- Tax Payment
Common Stock
2026-05-02$329.82/sh−30$9,895→ 4,018 total - Tax Payment
Common Stock
[F1]2026-05-02$329.82/sh−38$12,533→ 3,980 total
Footnotes (1)
- [F1]These shares include 49 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.