Amazon (AMZN) Insider Discloses Sale of 7,100 Vested Shares

Rhea-AI Filing Summary

Form 144 filing for AMZN reports an insider sale notice for common stock tied to restricted stock vesting. The filer plans to sell 7,100 shares on 08/21/2025 through Fidelity Brokerage Services with an aggregate market value of $1,572,944.77. The filing states the securities were acquired via restricted stock vesting and paid as compensation on 08/21/2025. The issuer's outstanding shares are listed as 10,664,912,097. The filing also discloses two prior sales by David A. Zapolsky on 05/21/2025 (7,100 shares, $1,428,763.83) and 05/22/2025 (13,570 shares, $2,746,678.38), totaling 20,670 shares for $4,175,442.21. The notice includes the required certification that no undisclosed material adverse information is known.

Positive

• Disclosure compliance: The filer provided required Rule 144 information including broker, planned sale date, and acquisition details.
• Transaction source: Securities were acquired through restricted stock vesting, indicating compensation-related origin rather than opportunistic purchase-and-sell.

Negative

• Insider selling occurred recently: Prior sales on 05/21/2025 and 05/22/2025 totaled 20,670 shares for $4,175,442.21, which may attract investor attention.
• Planned sale size: The new notice covers 7,100 shares ($1,572,944.77), which, while small versus total outstanding shares, still represents a meaningful personal liquidity event.

Insights

Financial Analyst

TL;DR: Insider sale tied to vesting; disclosed and routine, modest relative to total float.

The filing documents a sale notice for 7,100 vested shares with an aggregate value of $1.57M, and prior sales totaling 20,670 shares for $4.18M in May 2025. Relative to the issuer's stated outstanding shares (~10.66 billion), these transactions are immaterial to market cap but represent typical executive liquidity events. The clear disclosure and use of a broker reduce execution risk. No financial performance data or new corporate events are included, so market impact is likely limited unless combined with other news.

Corporate Governance Expert

TL;DR: The filing reflects standard insider compliance; multiple recent sales merit monitoring but are not inherently adverse.

The notice indicates securities acquired via restricted stock vesting and subsequent sales by an individual named David A. Zapolsky. The form includes the statutory representation about absence of undisclosed material adverse information and follows Rule 144 disclosure requirements. Repeated sales by an insider can prompt investor questions about timing and tax or diversification motives, but the filing itself provides no evidence of governance issues or undisclosed problems.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	7100	1572944.77	10664912097	08/21/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/21/2025	Restricted Stock Vesting	Issuer			7100	08/21/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
David A. Zapolsky 410 Terry Avenue North Seattle WA 98109-5210	Common	05/21/2025	7100	1428763.83
David A. Zapolsky 410 Terry Avenue North Seattle WA 98109-5210	Common	05/22/2025	13570	2746678.38

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the AMZN Form 144 filed disclose?

The filing discloses a proposed sale of 7,100 common shares on 08/21/2025 via Fidelity with an aggregate market value of $1,572,944.77, acquired through restricted stock vesting and paid as compensation.

Who sold shares recently according to the filing?

The filing lists prior sales by David A. Zapolsky on 05/21/2025 (7,100 shares, $1,428,763.83) and 05/22/2025 (13,570 shares, $2,746,678.38).

How many total shares were sold in the past three months?

A total of 20,670 shares were reported sold in the past three months, generating gross proceeds of $4,175,442.21.

What is the issuer's outstanding share count in the filing?

The filing lists 10,664,912,097 shares outstanding for the issuer.

Were the securities acquired or gifted?

The securities were acquired via restricted stock vesting on 08/21/2025 and the payment nature is listed as compensation.