Amazon (AMZN) director gains 1,816 shares through stock unit vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amazon.com Inc. director Wendell P. Weeks reported acquiring 1,816 shares of common stock through the exercise and conversion of a restricted stock unit award on February 15, 2026, at a stated price of $0.00 per share. After the transaction, he directly owned 46,216 common shares and 3,632 restricted stock units. The award converts into common stock on a one-for-one basis and, subject to his continued board service, is scheduled to vest in 1,816-share installments on each of February 15, 2026, 2027, and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,816 shares exercised/converted
Mixed
2 txns
Insider
WEEKS WENDELL P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Award | 1,816 | $0.00 | -- |
| Exercise | Common Stock, par value $.01 per share | 1,816 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit Award — 3,632 shares (Direct);
Common Stock, par value $.01 per share — 46,216 shares (Direct)
Footnotes (1)
- Converts into Common Stock on a one-for-one basis. 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 1,816 shares on each of February 15, 2026, February 15, 2027, and February 15, 2028.
FAQ
What insider transaction did Amazon (AMZN) director Wendell P. Weeks report?
Amazon director Wendell P. Weeks reported acquiring 1,816 shares of common stock on February 15, 2026, through the exercise and conversion of a restricted stock unit award, with a stated price of $0.00 per share, reflecting a derivative conversion rather than an open-market purchase.
What is the vesting schedule of Wendell P. Weeks’ Amazon restricted stock units?
The award is scheduled to vest and convert into Amazon common stock in 1,816-share installments on each of February 15, 2026, February 15, 2027, and February 15, 2028, provided Wendell P. Weeks continues to serve as a director of the company during this period.
What does the Form 4 say about the Amazon restricted stock unit conversion rate?
The filing states that the restricted stock unit award converts into Amazon common stock on a one-for-one basis. This means each vested unit is exchanged for one share of common stock when it converts, aligning the derivative security directly with the underlying equity.
Was Wendell P. Weeks’ Amazon transaction an open-market buy or a derivative exercise?
The transaction was a derivative exercise and conversion, not an open-market buy. The Form 4 uses transaction code “M” and describes it as the exercise or conversion of a derivative security, with a reported price of $0.00 per share for the common stock received.