Amazon.com (NASDAQ: AMZN) AWS CEO sells 14,541 shares in plan
Rhea-AI Filing Summary
AMAZON COM INC (AMZN) insider Matthew S. Garman, CEO of Amazon Web Services, reported multiple equity transactions on August 21, 2026. He exercised or converted 18,176 Restricted Stock Units into an equal number of shares of common stock at a $0.00 conversion price, then sold 14,541 common shares in market transactions at weighted average prices ranging from about $257.60 to $260.34. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on May 4, 2026. Following these transactions, he also reports 887.52 common shares held indirectly through an Amazon.com 401(k) Plan account.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
13 txns
Insider
Garman Matthew S
Role
CEO Amazon Web Services
Sold
14,541 shs ($3.77M)
Approx. gross sale proceeds
$3.77M
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Award F6, F7 | 4,860 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit Award F6, F8 | 1,480 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit Award F6, F9 | 4,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit Award F6, F10 | 7,836 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $.01 per share | 4,860 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $.01 per share | 1,480 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $.01 per share | 4,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $.01 per share | 7,836 | $0.00 | $0.00 |
| Sale | Common Stock, par value $.01 per share F1, F2 | 2,159 | $257.5954 | $556K |
| Sale | Common Stock, par value $.01 per share F1, F3 | 5,191 | $258.6595 | $1.34M |
| Sale | Common Stock, par value $.01 per share F1, F4 | 5,240 | $259.5702 | $1.36M |
| Sale | Common Stock, par value $.01 per share F1, F5 | 1,951 | $260.3396 | $508K |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit Award — 187,017 shares (Direct);
Common Stock, par value $.01 per share — 17,794 shares (Direct);
Common Stock, par value $.01 per share — 887.52 shares (Indirect, Amazon.com 401(k) Plan Account)
Footnotes (10)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/04/2026.
- F2. Represents the weighted average sale price. The highest price at which shares were sold was $258.08 and the lowest price at which shares were sold was $257.09.
- F3. Represents the weighted average sale price. The highest price at which shares were sold was $259.09 and the lowest price at which shares were sold was $258.11.
- F4. Represents the weighted average sale price. The highest price at which shares were sold was $260.02 and the lowest price at which shares were sold was $259.11.
- F5. Represents the weighted average sale price. The highest price at which shares were sold was $260.79 and the lowest price at which shares were sold was $260.15.
- F6. Converts into Common Stock on a one-for-one basis.
- F7. This award vests based upon the following vesting schedule: 3,420 shares on each of May 21, 2022, August 21, 2022, and November 21, 2022; 3,400 shares on February 21, 2023; 3,640 shares on May 21, 2023; 3,620 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024; 4,300 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 6,320 shares on each of May 21, 2025 and August 21, 2025; 6,300 shares on each of November 21, 2025 and February 21, 2026; and 4,860 shares on each of May 21, 2026, August 21, 2026, November 21, 2026, and February 21, 2027.
- F8. This award vests based upon the following vesting schedule: 8,260 shares on each of May 21, 2023 and August 21, 2023; 8,240 shares on each of November 21, 2023 and February 21, 2024; 3,180 shares on each of May 21, 2024, August 21, 2024, and November 21, 2024; 3,160 shares on February 21, 2025; 6,960 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; 6,940 shares on February 21, 2026; 1,500 shares on May 21, 2026; 1,480 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; 7,980 shares on May 21, 2027; and 7,960 shares on each of August 21, 2027, November 21, 2027, and February 21, 2028.
- F9. This award vests based upon the following vesting schedule: 4,000 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, February 21, 2025, May 21, 2026, August 21, 2026, November 21, 2026, and February 21, 2027.
- F10. This award vests based upon the following vesting schedule: 7,643 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026; 7,836 shares on each of May 21, 2026, August 21, 2026, and November 21, 2026; 7,835 shares on February 21, 2027; 7,845 shares on each of May 21, 2027 and August 21, 2027; 7,844 shares on each of November 21, 2027 and February 21, 2028; 12,344 shares on each of May 21, 2028, August 21, 2028, and November 21, 2028; 12,343 shares on February 21, 2029; 9,514 shares on May 21, 2029; and 9,513 shares on each of August 21, 2029, November 21, 2029, and February 21, 2030.
Key Figures
RSUs exercised: 18,176 shares
Shares sold: 14,541 shares
Sale price (block 1): $257.5954 per share
+5 more
8 metrics
RSUs exercised
18,176 shares
Restricted Stock Unit Awards converted into common stock on August 21, 2026
Shares sold
14,541 shares
Total Amazon.com, Inc. common shares sold on August 21, 2026
Sale price (block 1)
$257.5954 per share
Weighted average sale price for 2,159 shares sold on August 21, 2026
Sale price (block 2)
$258.6595 per share
Weighted average sale price for 5,191 shares sold on August 21, 2026
Sale price (block 3)
$259.5702 per share
Weighted average sale price for 5,240 shares sold on August 21, 2026
Sale price (block 4)
$260.3396 per share
Weighted average sale price for 1,951 shares sold on August 21, 2026
Indirect 401(k) holdings
887.52 shares
Common shares held indirectly via Amazon.com 401(k) Plan Account
10b5-1 plan adoption date
May 4, 2026
Date Matthew S. Garman adopted the Rule 10b5-1 trading plan
Key Terms
Restricted Stock Unit Award, Rule 10b5-1 trading plan, weighted average sale price, Amazon.com 401(k) Plan Account, +1 more
5 terms
Restricted Stock Unit Award financial
"The security is labeled as a Restricted Stock Unit Award that converts"
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.
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Represents the weighted average sale price with highest and lowest prices"
Amazon.com 401(k) Plan Account financial
"Shares are held indirectly through an Amazon.com 401(k) Plan Account"
converts into Common Stock on a one-for-one basis financial
"Converts into Common Stock on a one-for-one basis per RSU"
FAQ
What did AMZN executive Matthew Garman report in this Form 4?
Matthew S. Garman reported exercising 18,176 Restricted Stock Units into common stock at $0.00 per share and selling 14,541 Amazon.com, Inc. common shares on August 21, 2026 in several market transactions.
Were Matthew Garman’s AMZN stock sales under a Rule 10b5-1 plan?
Yes. A footnote states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Matthew S. Garman on May 4, 2026, indicating the transactions followed a pre-arranged trading schedule.
How many AMZN Restricted Stock Units did Matthew Garman convert?
He exercised or converted 18,176 shares underlying Restricted Stock Unit Awards into Amazon.com, Inc. common stock on August 21, 2026, with each unit converting into one share of common stock at a $0.00 conversion price.
What AMZN holdings does Matthew Garman report in the Amazon 401(k) Plan?
He reports an indirect holding of 887.52 Amazon.com, Inc. common shares through an Amazon.com 401(k) Plan Account, as of the Form 4 date. This position is categorized as indirect ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.