Amazon.com (NASDAQ: AMZN) stores CEO sells 20,500 shares via 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amazon.com’s Worldwide Amazon Stores CEO Douglas J. Herrington reported an open-market sale of 20,500 shares of Amazon common stock at $245.00 per share on April 14, 2026. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, indicating it was scheduled in advance rather than timed discretionarily.
Following the sale, Herrington directly holds 499,861 shares of Amazon common stock and has an additional 6,605.799 shares held indirectly through an Amazon.com 401(k) plan account, so he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,500 shares ($5,022,500)
Net Sell
2 txns
Insider
Herrington Douglas J
Role
CEO Worldwide Amazon Stores
Sold
20,500 shs ($5.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $.01 per share | 20,500 | $245.00 | $5.02M |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.01 per share — 499,861 shares (Direct);
Common Stock, par value $.01 per share — 6,605.799 shares (Indirect, Amazon.com 401(k) plan account)
Footnotes (1)
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Key Figures
Shares sold: 20,500 shares
Sale price: $245.00 per share
Direct holdings after sale: 499,861 shares
+2 more
5 metrics
Shares sold
20,500 shares
Open-market sale on April 14, 2026
Sale price
$245.00 per share
Average price for the 20,500 shares sold
Direct holdings after sale
499,861 shares
Direct Amazon common stock owned by Herrington after transaction
Indirect 401(k) holdings
6,605.799 shares
Amazon.com 401(k) plan account after transaction
Trading plan adoption date
November 10, 2025
Adoption date of Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, open-market sale, indirect ownership, 401(k) plan
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "Amazon.com 401(k) plan account""
401(k) plan financial
"nature_of_ownership": "Amazon.com 401(k) plan account""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did AMZN executive Douglas Herrington report?
Douglas J. Herrington reported an open-market sale of 20,500 Amazon (AMZN) shares at $245.00 each. The sale occurred on April 14, 2026 and reflects a planned disposition of stock rather than a spontaneous trade.
Was Douglas Herrington’s Amazon (AMZN) stock sale under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan adopted on November 10, 2025. Such plans pre-schedule trades, suggesting the timing of this 20,500-share sale was not discretionary.
What role does Douglas Herrington hold at Amazon (AMZN)?
Douglas J. Herrington serves as CEO Worldwide Amazon Stores at Amazon.com. His Form 4 filing discloses an open-market sale of 20,500 shares and shows his remaining direct and indirect holdings in Amazon common stock after the transaction.