Jassy Andrew R 4
4 · AMAZON COM INC · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Amazon (AMZN) CEO Andy Jassy Sells $5.3M of Shares, Converts Derivatives
What Happened
- Andy Jassy, President, CEO and Director of Amazon (AMZN), converted/converted derivative awards and sold shares on May 21, 2026. He converted two derivative entries of 50,000 shares each (one reported as acquired, one as disposed, F7) and sold a total of 20,000 common shares in the open market for total proceeds of $5,268,341 (approx. $263.42 per share weighted average).
- The sales were executed in multiple blocks: 5,206 shares ($1,363,726), 5,227 shares ($1,375,238), 5,667 shares ($1,495,785), 3,600 shares ($953,908) and 300 shares ($79,684). Those trades were effected pursuant to a Rule 10b5-1 trading plan adopted 11/14/2025 (F1).
Key Details
- Transaction date: May 21, 2026; Form 4 filed May 26, 2026 (filed several days after the transactions).
- Sales: 20,000 shares sold in multiple blocks for aggregate proceeds of $5,268,341 (≈ $263.42/share).
- Derivatives: Two M-coded conversions of 50,000 shares each (one acquired at $0.00; one disposed as a derivative) — converts to common stock one-for-one (F7).
- Vesting note: Related award has a long vesting schedule (details in F8).
- Plan/authorization: Sales executed under a 10b5-1 plan (F1). The filer offers to provide full per-price share counts on request (remarks).
- Shares owned after the transactions: not specified in the summary data of this filing.
Context
- The M code indicates exercise/conversion of derivative awards; here those converted shares appear tied to the company’s vesting schedule (F8) and one-for-one conversion (F7).
- The sales themselves were preplanned under a 10b5-1 plan, which is commonly used to execute trades at predetermined times and may reduce the implication that the trades reflect a change in insider view.
- The Form 4 was filed several days after the May 21 transactions (filed May 26), which is later than the usual two-business-day filing window.
Insider Transaction Report
Form 4
AMAZON COM INCAMZN
Jassy Andrew R
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2026-05-21+50,000→ 2,225,766 total - Sale
Common Stock, par value $.01 per share
[F1][F2]2026-05-21$261.95/sh−5,206$1,363,726→ 2,220,560 total - Sale
Common Stock, par value $.01 per share
[F1][F3]2026-05-21$263.10/sh−5,227$1,375,238→ 2,215,333 total - Sale
Common Stock, par value $.01 per share
[F1][F4]2026-05-21$263.95/sh−5,667$1,495,785→ 2,209,666 total - Sale
Common Stock, par value $.01 per share
[F1][F5]2026-05-21$264.97/sh−3,600$953,908→ 2,206,066 total - Sale
Common Stock, par value $.01 per share
[F1][F6]2026-05-21$265.61/sh−300$79,684→ 2,205,766 total - Exercise/Conversion
Restricted Stock Unit Award
[F7][F8]2026-05-21−50,000→ 950,000 totalExercise: $0.00From: 2023-05-21Exp: 2031-02-21→ Common Stock, par value $.01 per share (50,000 underlying)
Holdings
- 65,500(indirect: By Trust)
Common Stock, par value $.01 per share
- 9,923.893(indirect: By 401(k))
Common Stock, par value $.01 per share
Footnotes (8)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/14/2025.
- [F2]Represents the weighted average sale price. The highest price at which shares were sold was $262.46 and the lowest price at which shares were sold was $261.47.
- [F3]Represents the weighted average sale price. The highest price at which shares were sold was $263.47 and the lowest price at which shares were sold was $262.48.
- [F4]Represents the weighted average sale price. The highest price at which shares were sold was $264.48 and the lowest price at which shares were sold was $263.50.
- [F5]Represents the weighted average sale price. The highest price at which shares were sold was $265.57 and the lowest price at which shares were sold was $264.58.
- [F6]Represents the weighted average sale price. The highest price at which shares were sold was $265.64 and the lowest price at which shares were sold was $265.60.
- [F7]Converts into Common Stock on a one-for-one basis.
- [F8]This award vests based upon the following vesting schedule: 10,000 shares on each of May 21, 2023, August 21, 2023, November 21, 2023, and February 21, 2024; 20,000 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 25,000 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026; and 50,000 shares on each of May 21, 2026, August 21, 2026, November 21, 2026, February 21, 2027, May 21, 2027, August 21, 2027, November 21, 2027, February 21, 2028, May 21, 2028, August 21, 2028, November 21, 2028, February 21, 2029, May 21, 2029, August 21, 2029, November 21, 2029, February 21, 2030, May 21, 2030, August 21, 2030, November 21, 2030, and February 21, 2031.
Signature
/s/ by Susan K. Jong as attorney-in-fact for Andrew R. Jassy, President and CEO|2026-05-26