Bradway Robert A 4
4 · AMGEN INC · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Amgen (AMGN) CEO Robert A. Bradway Withholds 2,079 Shares
What Happened
Robert A. Bradway, Amgen's Chairman, CEO and President, had 2,079 shares withheld to cover a tax liability related to equity awards. The shares were valued at $331.11 each, for a total of approximately $688,378. This disposition reflects tax withholding (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (filed within the standard two business-day window).
- Shares withheld/disposed: 2,079 shares at $331.11 per share; total value ≈ $688,378.
- Shares owned after transaction: Not reported in the provided filing excerpt.
- Footnote: 1,273 of the withheld shares were Dividend Equivalents (DEs) credited to unvested Restricted Stock Units and paid out in shares on a one-to-one basis per the vesting schedule (with cash for any fractional share).
- Transaction type: Tax withholding on equity awards (routine administrative action), not a purchase (code F).
Context
Withholding shares to cover taxes on vested awards is a common administrative step and is generally considered routine rather than a signal of the insider’s view on the stock. The filing indicates these were linked to RSU-related dividend equivalents; no open-market sale or 10b5‑1 plan was reported in the provided excerpt.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-07$331.11/sh−2,079$688,378→ 505,160 total
- 60,060(indirect: By GRAT)
Common Stock
- 60,060(indirect: By Spousal GRAT)
Common Stock
- 29,940(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]These shares include 1,273 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.