Amazon (AMZN) director Andrew Y. Ng exercises 1,984 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amazon.com Inc. director Andrew Y. Ng exercised restricted stock units into common stock. On May 15, 2026, 1,984 RSUs converted into 1,984 shares of common stock on a one-for-one basis, bringing his directly held common stock to 3,968 shares and leaving 1,984 RSUs outstanding subject to continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,984 shares exercised/converted
Mixed
2 txns
Insider
Ng Andrew Y.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Award | 1,984 | $0.00 | -- |
| Exercise | Common Stock, par value $.01 per share | 1,984 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit Award — 1,984 shares (Direct, null);
Common Stock, par value $.01 per share — 3,968 shares (Direct, null)
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 1,984 shares on each of May 15, 2025, May 15, 2026, and May 15, 2027.
Key Figures
RSUs exercised: 1,984 shares
Common shares acquired: 1,984 shares
Common shares after transaction: 3,968 shares
+2 more
5 metrics
RSUs exercised
1,984 shares
Restricted Stock Unit Award converted on May 15, 2026
Common shares acquired
1,984 shares
Common Stock received from RSU conversion on May 15, 2026
Common shares after transaction
3,968 shares
Total directly held common stock following the RSU conversion
Remaining RSUs
1,984 units
Restricted Stock Unit Award balance following the reported transaction
Vesting tranches
1,984 shares per year
Scheduled on May 15, 2025, 2026, and 2027, subject to service
Key Terms
Restricted Stock Unit Award, Exercise or conversion of derivative security, one-for-one basis, continued service as a director
4 terms
Restricted Stock Unit Award financial
"security_title: "Restricted Stock Unit Award" for the derivative transaction"
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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
one-for-one basis financial
"Footnote: "Converts into Common Stock on a one-for-one basis.""
continued service as a director financial
"Footnote: "Subject to the reporting person's continued service as a director""
FAQ
What insider transaction did Amazon (AMZN) director Andrew Y. Ng report?
Andrew Y. Ng reported the exercise of 1,984 restricted stock units into 1,984 shares of Amazon common stock. This derivative exercise increased his directly held common shares while reflecting routine equity compensation for board service.
What type of securities were involved in Andrew Y. Ng’s Amazon (AMZN) Form 4?
The Form 4 covers a Restricted Stock Unit Award that converts into Amazon common stock on a one-for-one basis. On May 15, 2026, 1,984 RSUs converted into 1,984 common shares as part of this equity compensation arrangement.
Is Andrew Y. Ng’s Amazon (AMZN) Form 4 transaction a purchase or an option exercise?
The transaction is classified as an exercise or conversion of a derivative security, not an open-market purchase. Restricted stock units automatically convert into common shares on vesting, so no market trade or cash purchase price is shown in the filing.
What is the vesting schedule for Andrew Y. Ng’s Amazon (AMZN) RSU award?
The RSU award is scheduled to vest and convert into 1,984 Amazon common shares on each of May 15, 2025, May 15, 2026, and May 15, 2027. Vesting is conditioned on his continued service as a director of Amazon.com Inc.