Amazon awards director Brad D. Smith 4,086 RSUs
Amazon director Brad D. Smith was granted 4,086 restricted stock units that vest in three equal annual installments from 2027 through 2029.
Rhea-AI Filing Summary
AMAZON COM INC (AMZN) reported that director Brad D. Smith received a Restricted Stock Unit Award covering 4,086 shares of common stock on September 8, 2026. The award converts into common stock on a one-for-one basis and is held as a direct ownership position.
The award is subject to Mr. Smith’s continued service as a director and will vest and convert into common shares in three equal installments of 1,362 shares on each of November 15, 2027, November 15, 2028, and November 15, 2029. No Rule 10b5-1 trading plan is reported for this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,086 shares
Grant/Award
1 txn
Insider
SMITH BRAD D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit Award F1, F2 | 4,086 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit Award — 4,086 contracts (Direct)
Footnotes (2)
- F1. Converts into Common Stock on a one-for-one basis.
- F2. Subject to the reporting person's continued service as a director of the issuer, this award will vest and convert into shares of Common Stock of the issuer at a rate of 1,362 shares on each of November 15, 2027, November 15, 2028, and November 15, 2029.
Key Figures
Restricted stock units granted: 4,086 units
Vesting installment size: 1,362 shares
Vesting dates: November 15, 2027; November 15, 2028; November 15, 2029
+2 more
5 metrics
Restricted stock units granted
4,086 units
Grant to director Brad D. Smith on September 8, 2026
Vesting installment size
1,362 shares
Portion of the award vesting on each of November 15, 2027, 2028, and 2029
Vesting dates
November 15, 2027; November 15, 2028; November 15, 2029
Scheduled vesting of the restricted stock unit award
Conversion ratio
1 unit for 1 share of common stock
Restricted stock units convert into Amazon common stock on a one-for-one basis
Holdings from this award after grant
4,086 restricted stock units
Total units held under this reported award following the transaction
Key Terms
Restricted Stock Unit Award, Common Stock, vest
3 terms
Restricted Stock Unit Award financial
"Subject to the reporting person's continued service as a director of the issuer, this award will vest and convert into shares of Common Stock"
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.
Common Stock financial
"Converts into Common Stock on a one-for-one basis."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"this award will vest and convert into shares of Common Stock of the issuer at a rate of 1,362 shares"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What equity award did Amazon (AMZN) director Brad D. Smith receive in this Form 4?
Brad D. Smith received a Restricted Stock Unit Award for 4,086 shares of Amazon common stock. The units convert into common stock on a one-for-one basis, resulting in ownership of the same number of common shares when vested and settled.
How do Brad D. Smith’s new Amazon (AMZN) restricted stock units vest?
The award will vest and convert into common shares at a rate of 1,362 shares on each of November 15, 2027, November 15, 2028, and November 15, 2029, subject to his continued service as a director of Amazon.
What is the conversion ratio of Brad D. Smith’s Amazon (AMZN) restricted stock units?
The filing states that the restricted stock unit award converts into common stock on a one-for-one basis, meaning each vested unit will result in the issuance of one share of Amazon common stock, subject to the vesting conditions.
Was Brad D. Smith’s Amazon (AMZN) equity award made under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan for this transaction. It reports a grant of restricted stock units as director compensation rather than a trade executed under a pre-arranged trading plan.
What service condition applies to Brad D. Smith’s new Amazon (AMZN) restricted stock units?
The award is subject to Brad D. Smith’s continued service as a director of Amazon. The filing states that vesting and conversion into common stock occur only if he continues serving as a director through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.