Amgen EVP Reports $1.96M Stock Disposition for Tax Withholding
AMGEN INC
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Filing Summary
Amgen EVP Reports $1.96M Stock Disposition for Tax Withholding
Company: AMGEN INC (AMGN) Form: 4 | Filed: 2026/03/18 Significance: Low
Insider: Jonathan P. Graham Title: EVP & Gen. Counsel & Sec. | Relationship: Officer
Transaction: • Type: Disposition (Tax Withholding) • Shares: 5,353 • Price: $366.21 • Value: $1,960,322 • Owned After: 39,267
Key Insight: Transaction code 'F' indicates shares withheld to cover taxes on vesting equity. This is a routine administrative action, not a discretionary open-market sale.
Market Context: Transaction represents <0.001% of Amgen's $197.4B market cap.
Comprehensive Analysis
SEC Filing Analysis: AMGEN INC (AMGN)
Executive Summary
- Trading Significance: Low
- Key Takeaway: EVP Jonathan P. Graham had shares withheld to pay taxes on vesting equity; this is not an open-market sale.
- Market Impact: Neutral - Routine administrative transaction.
Company Information
| Field | Value |
|---|---|
| Company | AMGEN INC |
| Ticker Symbol | AMGN |
| CIK | 0000318154 |
| Industry | Biological Products |
Insider Information
| Field | Value |
|---|---|
| Name | Graham Jonathan P |
| CIK | 0001365306 |
| Title/Position | EVP & Gen. Counsel & Sec. |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-03-16 |
| Transaction Code | F (Tax Withholding) |
| Security Type | Common Stock |
| Shares Involved | 5,353 |
| Price Per Share | $366.21 |
| Total Value | $1,960,322.13 |
| Shares Owned After | 39,267 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $1,960,322 |
| % of Market Cap | ~0.001% |
| Shares Transacted | 5,353 |
| % of Shares Outstanding | ~0.001% |
| Post-Transaction Ownership | 39,267 shares (~0.007% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With a market cap of $197.41 billion, a $1.96 million transaction is immaterial to the broader market structure.
- Ownership Concentration: The insider retains 39,267 shares directly. The disposition represents approximately 12% of their specific holding event, but strictly for tax liabilities.
- Transaction Significance: The transaction volume is negligible relative to the 539M shares outstanding.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction uses Code 'F', indicating shares were withheld by the company to satisfy tax withholding obligations upon the vesting of restricted stock units. This is an automatic mechanism and does not reflect bearish sentiment from the insider.
Volume & Sentiment
- Expected Volume Impact: None.
- Sentiment Indicator: Neutral.
Additional Context
Transaction Notes
- Special Circumstances: The filing includes a footnote regarding Dividend Equivalents (DEs) credited to unvested RSUs, highlighting the ongoing equity compensation structure for the executive.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.