GORELICK JAMIE S 4
Research Summary
AI-generated summary
Amazon (AMZN) Director Jamie Gorelick Converts 2,677 Shares
What Happened
- Jamie S. Gorelick, a director of Amazon.com, Inc., experienced the conversion/vesting of 2,677 derivative award units into 2,677 shares of Amazon common stock on February 15, 2026. The filing reports an exercise/conversion transaction (code M) with a reported price of $0.00 and $0 total cash consideration — this was a conversion of an award, not a cash purchase or sale.
Key Details
- Transaction date: 2026-02-15 (reported on Form 4 filed 2026-02-18).
- Transaction code: M (exercise or conversion of a derivative security).
- Shares acquired: 2,677 common shares at $0.00 (conversion); corresponding derivative instrument shown as disposed (2,677) as part of the conversion.
- Price / cash: $0.00 per share; $0 total cash exchanged.
- Shares owned after transaction: Not specified in the provided excerpt of the filing (see full Form 4 for total beneficial ownership).
- Footnotes: F1 — conversion is one-for-one into common stock. F2 — this award vests/converted at 2,677 shares on Feb 15 of 2025, 2026, and 2027, subject to continued service (this is the 2026 tranche).
- Filing timeliness: Filed on 2026-02-18 for a 2026-02-15 event; appears timely within the Form 4 reporting window.
Context
- This was a scheduled vesting/conversion of an award into common shares (a non-cash event), not an open-market buy or sale. Such conversions reflect compensation vesting rather than a direct insider purchase signal; they do increase the insider’s share count but do not necessarily indicate changed sentiment.