Bradner James E. 4
Research Summary
AI-generated summary
Amgen (AMGN) EVP Bradner Sells 446 Shares for Tax Withholding
What Happened
James E. Bradner, Executive Vice President, Research and Development at Amgen, had 446 shares disposed on May 7, 2026 to satisfy a tax liability (transaction code F). The shares were valued at $331.11 each for a total of approximately $147,675. This was a routine tax-withholding transaction tied to equity awards rather than an open-market sale intended as a personal cash-out.
Key Details
- Transaction date and price: May 7, 2026 — 446 shares at $331.11 each, total ≈ $147,675.
- Transaction type: F (payment of exercise price or tax liability — shares withheld/disposed to cover taxes).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The filing notes 1,273 Dividend Equivalents (DEs) were credited to unvested Restricted Stock Units under Amgen’s equity plan; DEs are paid out in shares on a one-to-one basis per the vesting schedule, with cash for fractional shares.
- Filing: Form 4 filed May 11, 2026 — the filing date is within the typical two-business-day window following the May 7 transaction (timely).
Context
This was a tax-withholding action related to equity compensation (DEs/RSUs), a common administrative step when awards vest. Such withholdings are routine and do not necessarily indicate insider sentiment about the company’s stock.