AWS chief Matthew Garman sells AMZN shares and nets stock from RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amazon.com, Inc. executive Matthew S. Garman, CEO of Amazon Web Services, reported both sales and acquisitions of Amazon common stock. On February 23, 2026, he completed open-market sales totaling 17,751 shares at prices around $204–$208 per share under a pre-established Rule 10b5-1 trading plan adopted on May 6, 2025.
Earlier, on February 21, 2026, restricted stock unit awards converted on a one-for-one basis into Amazon common stock, resulting in several acquisitions recorded at $0.00 per share as part of his equity compensation vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,751 shares ($3,642,842)
Net Sell
12 txns
Insider
Garman Matthew S
Role
CEO Amazon Web Services
Sold
17,751 shs ($3.64M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $.01 per share | 5,881 | $204.1438 | $1.20M |
| Sale | Common Stock, par value $.01 per share | 5,195 | $204.7972 | $1.06M |
| Sale | Common Stock, par value $.01 per share | 4,202 | $206.0169 | $866K |
| Sale | Common Stock, par value $.01 per share | 1,868 | $207.0637 | $387K |
| Sale | Common Stock, par value $.01 per share | 605 | $208.054 | $126K |
| Exercise | Restricted Stock Unit Award | 6,300 | $0.00 | -- |
| Exercise | Restricted Stock Unit Award | 6,940 | $0.00 | -- |
| Exercise | Restricted Stock Unit Award | 7,643 | $0.00 | -- |
| Exercise | Common Stock, par value $.01 per share | 6,300 | $0.00 | -- |
| Exercise | Common Stock, par value $.01 per share | 6,940 | $0.00 | -- |
| Exercise | Common Stock, par value $.01 per share | 7,643 | $0.00 | -- |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.01 per share — 21,275 shares (Direct);
Restricted Stock Unit Award — 19,440 shares (Direct);
Common Stock, par value $.01 per share — 887.52 shares (Indirect, Amazon.com 401(k) Plan Account)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/06/2025. Represents the weighted average sale price. The highest price at which shares were sold was $204.53 and the lowest price at which shares were sold was $203.54. Represents the weighted average sale price. The highest price at which shares were sold was $205.39 and the lowest price at which shares were sold was $204.54. Represents the weighted average sale price. The highest price at which shares were sold was $206.60 and the lowest price at which shares were sold was $205.61. Represents the weighted average sale price. The highest price at which shares were sold was $207.57 and the lowest price at which shares were sold was $206.61. Represents the weighted average sale price. The highest price at which shares were sold was $208.20 and the lowest price at which shares were sold was $207.86. Converts into Common Stock on a one-for-one basis. 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. 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. 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.
FAQ
What insider transactions did AMZN executive Matthew Garman report on this Form 4?
Matthew S. Garman reported a mix of stock sales and acquisitions. He sold 17,751 Amazon common shares in open-market transactions and acquired additional shares through the conversion of restricted stock units as part of his equity compensation vesting.
Were Matthew Garman’s AMZN stock sales under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by Matthew Garman on May 6, 2025, indicating the transactions were pre-arranged rather than discretionary trades timed after later information.
What type of AMZN equity awards were involved in Matthew Garman’s acquisitions?
The acquisitions came from Restricted Stock Unit Awards that convert into Amazon common stock on a one-for-one basis. These RSUs vested on February 21, 2026, and were recorded as acquisitions at $0.00 per share upon conversion.
What role does Matthew Garman hold at Amazon (AMZN) according to this Form 4?
Matthew S. Garman is identified as an officer of Amazon, serving as CEO Amazon Web Services. His transactions involve Amazon common stock and restricted stock unit awards associated with his executive compensation.