Khosla Rachna 4
4 · AMGEN INC · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Amgen (AMGN) SVP Rachna Khosla Withholds 93 Shares for Taxes
What Happened
Rachna Khosla, Senior Vice President, Business Development at Amgen, had 93 shares withheld on May 7, 2026 to satisfy her tax liability related to equity awards. The shares were valued at $331.11 each for a total of $30,793. This transaction (code F) is a tax-withholding event tied to vesting/award payout, not an open-market sale or purchase.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (filed within required period).
- 93 shares withheld at $331.11 per share; total value ~$30,793.
- Footnote: 59 of the 93 shares represent Dividend Equivalents credited to unvested Restricted Stock Units and paid out in shares per the company’s equity plan.
- Transaction code F = payment of exercise price or tax liability (shares were surrendered/withheld).
- Shares owned after transaction: not specified in the provided filing extract.
Context
Tax-withholding by surrendering shares is a routine administrative step when restricted stock units vest or awards pay out. It generally does not signal insider buying or selling intent in the open market. The filing indicates this was a withholding event tied to RSUs and Dividend Equivalents, not a discretionary sale.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-07$331.11/sh−93$30,793→ 8,394 total
Footnotes (1)
- [F1]These shares include 59 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.