AWS CEO at Amazon (NASDAQ: AMZN) awarded 218,535 RSUs through 2032
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amazon.com Inc. granted Matthew S. Garman, CEO of Amazon Web Services, 218,535 restricted stock units (RSUs) that convert into common stock on a one-for-one basis. The RSUs were awarded at a stated price of $0.00 per unit and represent equity-based compensation.
The award vests in multiple installments from May 21, 2027 through February 21, 2032, with tranche sizes generally between 9,325 and 14,850 shares, plus several slightly larger or smaller installments. Following this grant, Garman holds 218,535 RSUs from this award directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garman Matthew S
Role
CEO Amazon Web Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit Award | 218,535 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit Award — 218,535 shares (Direct)
Footnotes (1)
- Converts into Common Stock on a one-for-one basis. This award vests based upon the following vesting schedule: 9,326 shares on May 21, 2027; 9,325 shares on each of August 21, 2027, November 21, 2027, and February 21, 2028; 9,513 shares on May 21, 2028; 9,512 shares on each of August 21, 2028, November 21, 2028, and February 21, 2029; 9,493 shares on each of May 21, 2029 and August 21, 2029; 9,492 shares on each of November 21, 2029 and February 21, 2030; 14,850 shares on each of May 21, 2030 and August 21, 2030; 14,849 shares on each of November 21, 2030 and February 21, 2031; 11,455 shares on May 21, 2031; and 11,454 shares on each of August 21, 2031, November 21, 2031, and February 21, 2032.
Key Figures
RSUs granted: 218,535 units
Transaction price per RSU: $0.00 per unit
RSUs held after grant: 218,535 units
+5 more
8 metrics
RSUs granted
218,535 units
Restricted Stock Unit Award to Matthew S. Garman
Transaction price per RSU
$0.00 per unit
Stated transaction price for the RSU grant
RSUs held after grant
218,535 units
Total RSUs from this award following transaction
First vesting tranche
9,326 shares
Vests on May 21, 2027
Typical mid-vesting tranches
9,325–9,513 shares
Various vesting dates in 2027–2029
Largest vesting tranches
14,850 shares
Vest on May 21, 2030 and August 21, 2030
Later vesting tranches
11,454–11,455 shares
Vest on dates in 2031–2032
Vesting period
2027–2032
From May 21, 2027 to February 21, 2032
Key Terms
Restricted Stock Unit Award, transaction code "A", vesting schedule, Common Stock, par value $.01 per share, +1 more
5 terms
Restricted Stock Unit Award financial
"security_title: "Restricted Stock Unit Award""
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
transaction code "A" financial
"transaction_code: "A" with description "Grant, award, or other acquisition""
vesting schedule financial
"This award vests based upon the following vesting schedule: 9,326 shares on May 21, 2027; 9,325 shares..."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
one-for-one basis financial
"Converts into Common Stock on a one-for-one basis."
FAQ
What did Amazon (AMZN) executive Matthew Garman report in this Form 4?
Matthew S. Garman, CEO of Amazon Web Services, reported receiving a grant of 218,535 restricted stock units. These RSUs convert into Amazon common stock on a one-for-one basis and represent equity awarded directly to him as part of his compensation package.
How many Amazon (AMZN) RSUs were granted to Matthew Garman?
Matthew Garman was granted 218,535 restricted stock units tied to Amazon common stock. Each unit converts into one share. After this award, the filing shows 218,535 RSUs from this grant reported as held directly, subject to a multi-year vesting schedule extending into 2032.
What is the vesting schedule for Matthew Garman’s Amazon (AMZN) RSU award?
The RSU award vests in many installments from May 21, 2027 through February 21, 2032. Individual tranches range from 9,325 to 14,850 shares on specified dates, with later installments around 11,454–11,455 shares, spreading the vesting over roughly five years.
Does Matthew Garman’s Amazon (AMZN) Form 4 show a stock purchase or sale?
The Form 4 shows an acquisition through a grant of restricted stock units, not an open-market purchase or sale. The transaction code is “A,” described as a grant, award, or other acquisition, with a transaction price per unit of $0.00 according to the filing.