What do the Form 4 footnotes say about the RSU-to-share conversion for AMZN?

A footnote states each restricted stock unit converts into Amazon common stock on a one‑for‑one basis. Additional footnotes outline detailed vesting schedules, showing how many units vest on specific future dates through February 2030 under the company’s long‑term equity compensation plans.

How many Amazon (AMZN) RSU-related exercises did the CFO report?

The summarized data indicate two derivative exercises of restricted stock unit awards, totaling 15,450 underlying common shares. Each transaction is coded as an exercise or conversion of derivative securities, reflecting equity compensation vesting events rather than new market transactions for cash.

Amazon (AMZN) CFO Brian Olsavsky exercises RSU awards into common stock

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Amazon.com, Inc. Senior Vice President and CFO Brian T. Olsavsky reported equity compensation activity involving Amazon common stock. On May 21, 2026, he exercised restricted stock unit awards that converted into 5,530 and 9,920 shares of common stock at a stated price of $0.00 per share, reflecting the vesting of prior grants rather than open‑market purchases or sales. The filing also notes 1,623.118 shares of common stock held indirectly through an Amazon.com 401(k) plan account.

Insider Trade Summary

15,450 shares exercised/converted

Mixed 5 txns

Insider Olsavsky Brian T

Role Senior Vice President and CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit Award	9,920	$0.00	--
Exercise	Restricted Stock Unit Award	5,530	$0.00	--
Exercise	Common Stock, par value $.01 per share	9,920	$0.00	--
Exercise	Common Stock, par value $.01 per share	5,530	$0.00	--
holding	Common Stock, par value $.01 per share	--	--	--

Holdings After Transaction: Restricted Stock Unit Award — 60,200 shares (Direct, null); Common Stock, par value $.01 per share — 94,419 shares (Direct, null); Common Stock, par value $.01 per share — 1,623.118 shares (Indirect, Amazon.com 401(k) plan account)

Footnotes (1)

Converts into Common Stock on a one-for-one basis. This award vests based upon the following vesting schedule: 2,260 shares on May 21, 2023; 2,240 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024; 3,240 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 3,940 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; 3,920 shares on February 21, 2026; 9,920 shares on May 21, 2026; 9,900 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; 7,640 shares on May 21, 2027; and 7,620 shares on each of August 21, 2027, November 21, 2027, and February 21, 2028. This award vests based upon the following vesting schedule: 5,050 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; 5,049 shares on February 21, 2026; 5,530 shares on each of May 21, 2026, August 21, 2026, and November 21, 2026; 5,529 shares on February 21, 2027; 5,797 shares on each of May 21, 2027 and August 21, 2027; 5,796 shares on each of November 21, 2027 and February 21, 2028; 10,474 shares on each of May 21, 2028, August 21, 2028, and November 21, 2028; 10,473 shares on February 21, 2029; 8,067 shares on each of May 21, 2029 and August 21, 2029; and 8,066 shares on each of November 21, 2029 and February 21, 2030.

Key Figures

RSU exercise 1: 5,530 shares RSU exercise 2: 9,920 shares Exercise price: $0.00 per share +2 more

5 metrics

RSU exercise 1 5,530 shares Restricted Stock Unit Award converted to common stock on May 21, 2026

RSU exercise 2 9,920 shares Restricted Stock Unit Award converted to common stock on May 21, 2026

Exercise price $0.00 per share Stated transaction price for RSU conversions

Indirect 401(k) holdings 1,623.118 shares Amazon.com 401(k) plan account holdings reported

Total RSU exercises 15,450 shares ExerciseShares in transaction summary for derivative exercises

Key Terms

Restricted Stock Unit Award, derivative security, Amazon.com 401(k) plan account, vesting schedule, +1 more

5 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.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Amazon.com 401(k) plan account financial

"nature_of_ownership": "Amazon.com 401(k) plan account""

vesting schedule financial

"This award vests based upon the following vesting schedule"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

one-for-one basis financial

"Converts into Common Stock on a one-for-one basis."

Form 4 Insider Transactions: What Each Field Means →

05/26/2026 - 06:18 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Olsavsky Brian T

(Last)

(First)

(Middle)

P.O. BOX 81226

(Street)

SEATTLE

WASHINGTON

98108-1226

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AMAZON COM INC [ AMZN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior Vice President and CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $.01 per share	05/21/2026		M		9,920	A	$0	94,419	D
Common Stock, par value $.01 per share	05/21/2026		M		5,530	A	$0	99,949	D
Common Stock, par value $.01 per share								1,623.118	I	Amazon.com 401(k) plan account

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit Award	$0⁽¹⁾	05/21/2026		M			9,920	05/21/2023⁽²⁾	02/21/2028	Common Stock, par value $.01 per share	9,920	$0	60,200	D
Restricted Stock Unit Award	$0⁽¹⁾	05/21/2026		M			5,530	05/21/2025⁽³⁾	02/21/2030	Common Stock, par value $.01 per share	5,530	$0	113,936	D

Explanation of Responses:

1. Converts into Common Stock on a one-for-one basis.

2. This award vests based upon the following vesting schedule: 2,260 shares on May 21, 2023; 2,240 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024; 3,240 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 3,940 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; 3,920 shares on February 21, 2026; 9,920 shares on May 21, 2026; 9,900 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; 7,640 shares on May 21, 2027; and 7,620 shares on each of August 21, 2027, November 21, 2027, and February 21, 2028.

3. This award vests based upon the following vesting schedule: 5,050 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; 5,049 shares on February 21, 2026; 5,530 shares on each of May 21, 2026, August 21, 2026, and November 21, 2026; 5,529 shares on February 21, 2027; 5,797 shares on each of May 21, 2027 and August 21, 2027; 5,796 shares on each of November 21, 2027 and February 21, 2028; 10,474 shares on each of May 21, 2028, August 21, 2028, and November 21, 2028; 10,473 shares on February 21, 2029; 8,067 shares on each of May 21, 2029 and August 21, 2029; and 8,066 shares on each of November 21, 2029 and February 21, 2030.

Remarks:

	/s/ by Susan K. Jong as attorney-in-fact for Brian T. Olsavsky, Senior Vice President and CFO	05/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Amazon (AMZN) CFO Brian Olsavsky report in this Form 4?

Brian Olsavsky reported the exercise of restricted stock unit awards that converted into Amazon common shares. These transactions reflect vesting of prior equity grants, not open‑market buying or selling, and are typical of executive compensation structures at large public companies.

How many Amazon (AMZN) shares were acquired through RSU exercises?

The Form 4 shows RSU exercises converting into 5,530 and 9,920 Amazon common shares. Both were recorded at a stated price of $0.00 per share, consistent with restricted stock units that settle into shares when vesting conditions are met under pre‑existing award agreements.

Were there any open-market stock sales or purchases by the Amazon (AMZN) CFO?

No open‑market purchases or sales are reported. The transactions are coded “M” for derivative exercises, meaning they represent the settlement of restricted stock unit awards into common shares rather than discretionary buying or selling on the open market by the executive.

What indirect Amazon (AMZN) holdings does the Form 4 disclose?

The filing discloses 1,623.118 Amazon common shares held indirectly through an Amazon.com 401(k) plan account. This indicates part of the CFO’s ownership is maintained inside a retirement plan, separate from directly held shares acquired through vested restricted stock unit awards.