Ng Andrew Y. 4

What Happened

• Andrew Y. Ng, a director of Amazon.com, Inc., had 1,984 derivative units convert into 1,984 shares of common stock on May 15, 2026. The Form 4 shows an "acquired" entry for 1,984 shares at $0.00 and a matching "disposed" entry for 1,984 derivative units (transaction code M = exercise/conversion of a derivative). No cash changed hands; the conversion was at a $0.00 exercise price, indicating a vesting/award conversion rather than a cash purchase.

Key Details

• Transaction date: 2026-05-15; Filing date: 2026-05-19 (filed timely).
• Reported entries: Acquired 1,984 shares @ $0.00; Disposed 1,984 derivative units @ $0.00.
• Shares owned after the transaction: not specified in this filing.
• Footnotes: F1 — converts into common stock on a one-for-one basis. F2 — award vests and converts at 1,984 shares on each May 15 of 2025, 2026 and 2027, subject to continued service as a director.
• Exhibit: Exhibit 24 (Power of Attorney) attached to the filing.

Context

• This filing documents a routine vesting/conversion of a previously granted equity award (derivative) into common shares, not a market sale. The zero-dollar exercise price and matching disposal of the derivative reflect extinguishment of the award upon conversion. Remaining scheduled vesting/conversions (per footnote) suggest additional similar conversions in future years if service conditions are met.