Amazon (AMZN) executive Douglas Herrington makes 22,000-share stock gift
Rhea-AI Filing Summary
Amazon.com executive Douglas J. Herrington, CEO Worldwide Amazon Stores, reported a bona fide gift of 22,000 shares of Amazon common stock on 2026-08-06 as a contribution to a non-profit organization. Following this gift, he directly holds 461,527 shares and indirectly holds 6,609.348 shares through an Amazon.com 401(k) plan account.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 22,000 shares
Net Sell
2 txns
Insider
Herrington Douglas J
Role
CEO Worldwide Amazon Stores
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, par value $.01 per share F1 | 22,000 | $0.00 | $0.00 |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.01 per share — 461,527 shares (Direct);
Common Stock, par value $.01 per share — 6,609.348 shares (Indirect, Amazon.com 401(k) plan account)
Footnotes (1)
- F1. Contribution to non-profit organization.
Key Figures
Shares gifted: 22,000 shares
Direct holdings after transaction: 461,527 shares
Indirect holdings after transaction: 6,609.348 shares
+1 more
4 metrics
Shares gifted
22,000 shares
Bona fide gift of Amazon common stock on 2026-08-06
Direct holdings after transaction
461,527 shares
Directly owned Amazon common stock following the gift
Indirect holdings after transaction
6,609.348 shares
Indirectly owned via Amazon.com 401(k) plan account
Gift price per share
$0.00 per share
Reported transaction price for bona fide gift
Key Terms
bona fide gift, indirect ownership, Amazon.com 401(k) plan account
3 terms
bona fide gift regulatory
"The transaction is coded as a bona fide gift and footnoted"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"He also has an additional 6,609.348 shares reported as indirect ownership"
Amazon.com 401(k) plan account financial
"Shares are held through an Amazon.com 401(k) plan account"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Douglas J. Herrington report for AMZN?
Douglas J. Herrington reported a bona fide gift of 22,000 AMZN common shares on 2026-08-06. The filing notes this was a contribution to a non-profit organization, not an open-market sale or purchase.
Was the Douglas J. Herrington AMZN transaction a sale on the open market?
No, the transaction was not a sale. It is coded as G, a bona fide gift, with a reported price of $0.00 per share and described in the footnote as a contribution to a non-profit organization.
What does the Form 4 say about Douglas J. Herrington’s indirect AMZN holdings?
The Form 4 lists 6,609.348 AMZN shares as indirectly owned by Herrington. These shares are held in an Amazon.com 401(k) plan account, separate from his directly owned shares.