Reynolds Shelley 4

What Happened Shelley Reynolds, Vice President at Amazon (AMZN), exercised/converted vested derivative awards and sold 2,363 shares in open-market transactions on May 21, 2026. The sales consisted of 1,600 shares at a weighted avg $261.83, 463 shares at $263.25, and 300 shares at $263.99, producing total proceeds of approximately $620,003. The exercises/conversions (1,820 and 543 shares) converted into common stock on a one-for-one basis and correspond to awards that vested on May 21, 2026.

Key Details

• Transaction date: May 21, 2026; Form filed May 26, 2026 (filed 5 days after the trades, exceeding the typical 2-business-day Form 4 deadline).
• Open-market sales: 1,600 shares @ $261.83 (weighted avg; range $261.50–$262.39), 463 shares @ $263.25 (range $262.87–$263.46), 300 shares @ $263.99 (range $263.90–$264.17).
• Total shares sold: 2,363; total proceeds ≈ $620,003.
• Derivative activity: Exercised/converted 1,820 and 543 award shares at $0.00 (one-for-one conversions per filing).
• Plan/authority: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/11/2025 (footnote F1).
• Shares owned after transaction: Not disclosed in the supplied filing details.
• Vesting context: Footnotes indicate these shares were part of scheduled vesting (see F6 and F7 for vesting schedules).

Context These entries show an exercise/conversion of vested awards followed by open-market sales (effectively a common immediate sale of vested shares). The use of a 10b5-1 plan indicates the sales were pre-arranged. The filing date is later than the typical 2-business-day Form 4 deadline, which is noted here as potentially late; the filing’s remarks offer to provide detailed per-price share counts on request.