Amazon (AMZN) director gains 2,677 shares through RSU conversion
Rhea-AI Filing Summary
Amazon.com Inc. director Jamie S. Gorelick acquired 2,677 shares of common stock through the conversion of a restricted stock unit (RSU) award. The RSUs converted into common stock on a one-for-one basis at a stated price of $0.00 per share.
After this RSU exercise, Gorelick directly owned 40,794 shares of Amazon common stock. In addition, 9,957 shares were held indirectly and reported as owned by her spouse. The RSU award is scheduled to vest and convert into 2,677 shares on each of February 15, 2025, February 15, 2026, and February 15, 2027, subject to continued service as a director.
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FAQ
What insider transaction did Amazon (AMZN) director Jamie Gorelick report?
Jamie Gorelick reported acquiring 2,677 Amazon shares via a restricted stock unit conversion. The RSUs converted into common stock on a one-for-one basis at a stated price of $0.00 per share, increasing her direct ownership in Amazon.
How many Amazon (AMZN) shares does Jamie Gorelick own after this Form 4?
After the reported RSU conversion, Jamie Gorelick directly owned 40,794 Amazon common shares. The filing also shows 9,957 shares held indirectly by her spouse, reflecting combined direct and indirect positions associated with the director.
What type of security did Jamie Gorelick convert into Amazon (AMZN) common stock?
Gorelick converted a “Restricted Stock Unit Award” into Amazon common stock. Each restricted stock unit converts into one share of common stock, and this exercise involved 2,677 units converting into 2,677 Amazon common shares at a stated price of $0.00.
Were there any Amazon (AMZN) share sales reported by Jamie Gorelick in this Form 4?
No share sales were reported. The Form 4 only shows acquisitions related to the exercise or conversion of a restricted stock unit award into 2,677 Amazon shares, plus an updated holding line for shares reported as owned indirectly by her spouse.
How do Jamie Gorelick’s Amazon (AMZN) RSUs vest according to the filing?
The filing states the award will vest and convert into 2,677 Amazon common shares on each of February 15, 2025, February 15, 2026, and February 15, 2027, provided Jamie Gorelick continues serving as a director of Amazon.com Inc.
What indirect Amazon (AMZN) holdings are reported for Jamie Gorelick?
The Form 4 discloses 9,957 Amazon common shares held indirectly and described as “By spouse.” These indirect holdings are reported separately from Jamie Gorelick’s 40,794 directly owned shares of Amazon common stock after the RSU conversion.