RUBINSTEIN JONATHAN 4
Research Summary
AI-generated summary
Amazon (AMZN) Director Jonathan Rubinstein Sells 3,849 Shares
What Happened
- Jonathan Rubinstein, a director of Amazon.com, sold 3,849 shares in an open-market transaction on 2026-04-24 at $260.00 per share, for proceeds of $1,000,740. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date and price: 2026-04-24 — 3,849 shares sold at $260.00 each.
- Total value: $1,000,740.
- Ownership after transaction: not specified in the provided filing.
- Footnote: Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Rubinstein on 02/10/2025 (F1).
- Timeliness: Report filed 2026-04-28 for a 2026-04-24 transaction; filing appears to be within the standard two-business-day Form 4 window (timely).
Context
- This sale was executed under a pre-established 10b5-1 plan, which typically schedules trades ahead of time and is used to avoid claims of trading on nonpublic information. Sales under such plans are often considered routine and do not necessarily signal a change in the director’s view of the company. Purchases generally carry more weight as a bullish signal than routine sales.