Khosla Rachna 4

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.