Jassy Andrew R 4
Research Summary
AI-generated summary
Amazon CEO Andrew R. Jassy Sells 31,000 Shares
What Happened
Andrew R. Jassy, President, CEO and a director of Amazon.com, sold 31,000 shares on April 17, 2026. The shares were disposed at $255.00 per share for a total transaction value of $7,905,000. The sale is reported as an S (sale) and was executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: 2026-04-17, 31,000 shares at $255.00 each.
- Total proceeds: $7,905,000.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2025-11-14.
- Filing date: Form 4 filed 2026-04-21 (no late-filing flag indicated in the provided data).
Context
A 10b5-1 plan allows insiders to sell shares according to a pre-set schedule or rules and is commonly used to avoid trading based on material nonpublic information. Sales are often routine portfolio-management actions; unlike purchases, they generally provide limited direct insight into an insider’s view of the company.