Douglas Herrington of Amazon (AMZN) granted 174,741 RSUs vesting through 2032
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Herrington Douglas J reported acquisition or exercise transactions in this Form 4 filing.
Amazon.com Inc. granted CEO Worldwide Amazon Stores Douglas J. Herrington a Restricted Stock Unit Award for 174,741 units, each convertible into one share of common stock. These RSUs vest in multiple installments from May 21, 2027 through February 21, 2032 under a detailed vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Herrington Douglas J
Role
CEO Worldwide Amazon Stores
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit Award | 174,741 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit Award — 174,741 shares (Direct)
Footnotes (1)
- Converts into Common Stock on a one-for-one basis. This award vests based upon the following vesting schedule: 4,188 shares on each of May 21, 2027, August 21, 2027, November 21, 2027, and February 21, 2028; 5,582 shares on each of May 21, 2028, August 21, 2028, and November 21, 2028; 5,581 shares on February 21, 2029; 6,542 shares on each of May 21, 2029 and August 21, 2029; 6,541 shares on each of November 21, 2029 and February 21, 2030; 15,454 shares on May 21, 2030; 15,453 shares on each of August 21, 2030, November 21, 2030, and February 21, 2031; 11,921 shares on each of May 21, 2031, August 21, 2031, and November 21, 2031; and 11,920 shares on February 21, 2032.
Key Figures
RSUs granted: 174,741 units
Shares following transaction: 174,741 units
First vesting tranche: 4,188 shares
+2 more
5 metrics
RSUs granted
174,741 units
Restricted Stock Unit Award to Douglas J. Herrington
Shares following transaction
174,741 units
Total derivative units held after grant
First vesting tranche
4,188 shares
Vests on May 21, 2027
Subsequent vesting tranches
4,188–15,454 shares
Various dates from 2027 to 2031
Final vesting tranche
11,920 shares
Vests on February 21, 2032
Key Terms
Restricted Stock Unit Award, vests based upon the following vesting schedule, Converts into Common Stock on a one-for-one basis, Common Stock, par value $.01 per share
4 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.
vests based upon the following vesting schedule financial
"This award vests based upon the following vesting schedule: 4,188 shares..."
Converts into Common Stock on a one-for-one basis financial
"Converts into Common Stock on a one-for-one basis."
FAQ
What did Amazon (AMZN) disclose about Douglas Herrington in this Form 4?
Amazon disclosed that Douglas J. Herrington received a grant of 174,741 restricted stock units. Each unit converts into one share of Amazon common stock, providing long-term equity-based compensation tied to the company’s future performance and share price.
How many Amazon (AMZN) RSUs were granted to Douglas Herrington?
Douglas Herrington received 174,741 restricted stock units. These units represent potential future shares of Amazon common stock, subject to the award’s vesting conditions being met over several years according to the specified schedule.
When do Douglas Herrington’s new Amazon (AMZN) RSUs start vesting?
The RSUs begin vesting on May 21, 2027. The award then continues to vest in multiple quarterly and annual tranches through February 21, 2032, aligning compensation with longer-term company performance and executive retention.
Over what period will Douglas Herrington’s Amazon (AMZN) RSUs vest?
The RSUs vest between May 21, 2027 and February 21, 2032. Numerous installments occur on specified May, August, November, and February dates, spreading the vesting over roughly five years to encourage ongoing leadership continuity.
What is the conversion rate for Douglas Herrington’s Amazon (AMZN) RSUs?
Each restricted stock unit converts into one share of Amazon common stock. This one-for-one conversion means all 174,741 units could eventually become an equal number of shares, assuming all vesting conditions are satisfied over time.
Does this Amazon (AMZN) Form 4 show any stock sales by Douglas Herrington?
The Form 4 reports only a grant of restricted stock units to Douglas Herrington. It does not show any open-market stock purchases or sales, focusing solely on this equity award and its vesting schedule.