Amazon (AMZN) VP Shelley Reynolds Sells 2,343 Shares After Exercise

What Happened

• Shelley Reynolds, Vice President at Amazon (AMZN), had 2,343 shares convert/exercise from derivative awards (1,800 and 543 shares) on Aug 21, 2026 and sold the same 2,343 shares the same day in open-market transactions. Sales generated approximately $606,854 in proceeds (three blocks: 675 @ $257.77 = $173,992; 780 @ $258.58 = $201,693; 888 @ $260.33 = $231,169). The derivative conversions show $0 exercise price (converted one‑for‑one into common stock).

Key Details

• Transaction date: Aug 21, 2026; Form filed Aug 25, 2026.
• Sales: 675 shares (WAVG $257.77, range $257.19–$258.11), 780 shares (WAVG $258.58, range $258.23–$258.98), 888 shares (WAVG $260.33, range $260.03–$261.00).
• Total shares converted/exercised: 1,800 + 543 = 2,343; total sold: 2,343; total proceeds ≈ $606,854.
• Shares owned after transaction: not specified in the provided Form 4 excerpt.
• Notable footnotes: trades were executed under a Rule 10b5‑1 trading plan adopted 11/11/2025 (F1); conversion is one‑for‑one into common stock (F5); vesting schedules in the filing (F6, F7) show the Aug 21, 2026 vesting that produced 1,800 and 543 shares; reporter offered to provide detailed per‑price share counts on request.
• Transaction codes: M = exercise/conversion of derivative; S = open-market sale. No late‑filing flag included in this excerpt.

Context

• The pattern here shows derivative awards converting to common shares and those same shares being sold the same day — a common outcome when awards vest and holders sell shares (often under pre‑arranged plans). This is a sale (liquidity event) rather than a purchase; it does not, by itself, indicate the officer’s forward view on the stock.