REESE DAVID M 4
4 · AMGEN INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Amgen CTO David M. Reese Sells 6,022 Shares for Tax Withholding
What Happened
- David M. Reese, EVP & Chief Technology Officer of Amgen Inc. (AMGN), had 6,022 shares disposed (withheld) to satisfy tax withholding obligations related to equity awards. The shares were recorded at $366.21 each, for a total value of $2,205,317, per the March 16, 2026 transaction reported on a Form 4 filed March 18, 2026.
Key Details
- Transaction date and price: 2026-03-16, 6,022 shares at $366.21 each.
- Transaction type/code: F — payment of exercise price or tax liability (shares withheld/disposed to cover taxes).
- Total value: $2,205,317.
- Shares owned after transaction: not specified in the filing.
- Footnote: 744 of the shares represent Dividend Equivalents (DEs) credited to unvested Restricted Stock Units under Amgen’s equity plan and paid in shares on a one-to-one basis per the vesting schedule (with cash for any fractional share).
- Filing timeliness: Reported on Form 4 filed 2026-03-18 for the 2026-03-16 transaction (timely).
Context
- This was a tax-withholding/share-surrender transaction related to equity compensation (routine), not an open-market sale indicating a trading decision. Such disposals are common when companies withhold shares to satisfy payroll/tax obligations on vested awards.
Insider Transaction Report
Form 4
AMGEN INCAMGN
REESE DAVID M
EVP & Chief Technology Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-03-16$366.21/sh−6,022$2,205,317→ 41,787 total
Footnotes (1)
- [F1]These shares include 744 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.
Signature
/s/ David M. Reese|2026-03-16