Zapolsky David 4

What Happened

• David Zapolsky, Senior Vice President at Amazon, exercised/converted a total of 15,450 derivative awards (9,920 + 5,530 shares) on May 21, 2026 (reported as code M) and immediately sold the same 15,450 shares in open-market transactions on May 21–22, 2026. Proceeds from the sales totaled approximately $4.12 million.
• The exercised/converted shares were recorded at $0.00 per share (converted one-for-one to common stock per the filing). Sale prices varied by tranche: weighted averages and ranges are provided in the filing (see Key Details). The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Zapolsky on 11/03/2025.

Key Details

• Transaction dates: Exercises/conversions on 2026-05-21; open-market sales on 2026-05-21 and 2026-05-22.
• Sale volumes & proceeds: 15,450 shares sold across several trades (1,600; 1,921; 1,644; 1,014; 1; 9,270) for aggregate proceeds ≈ $4,117,253. Individual weighted-average prices and ranges are included in the filing (weighted averages noted in footnotes F2–F5).
• Derivative detail: Code M = exercise/conversion of derivative; F6 notes conversion into common stock on a one-for-one basis.
• Plan/authorization: Trades were executed under a Rule 10b5-1 plan adopted 11/03/2025 (footnote F1).
• Shares owned after transaction: Not specified in this Form 4.
• Filing timing: Form filed 2026-05-26 for trades with Period of Report 2026-05-21 (filed five days after the primary transaction date). Section 16 filings are generally required within two business days of a transaction.
• Additional note: The filer states they will provide, upon request, full information about the number of shares transacted at each price (see remarks).

Context

• These transactions show an exercise/conversion of vested awards followed by immediate open-market sales — common when executives convert equity awards and sell shares to realize proceeds or satisfy tax/other obligations. The filing does not state motivations; the trades were run through a pre-established 10b5-1 plan, which typically schedules trades in advance.