Amazon's Brian T. Olsavsky sold $3.26 million of shares on Feb 21, 2025
Brian T. Olsavsky, an Amazon officer listed as Senior Vice President and CFO, sold 14,620 shares held directly for $3.26 million on Feb 21, 2025, at an average price of $223.14 a share; that day the form shows 11,380 and 3,240 shares acquired by exercising derivative securities and states 49,000 shares held directly after the sale. According to a footnote, the exercised securities convert into common stock one for one. A footnote on the filing says the sale was made under a Rule 10b5-1 trading plan that the reporting person adopted on Nov 11, 2024. The Form 4, the form an insider files when trading a company's shares, was filed on Feb 25, 2025, and the filing is on SEC EDGAR.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17
How each figure was checked
- the company the form is aboutAmazon
- the reporting owner as filedOlsavsky Brian T
- the names on the form's signature lineby Mark F. Hoffman as attorney-in-fact for Brian T. Olsavsky, Senior Vice President and CFO
- the reporting owner's relationship to the companyofficer (Senior Vice President and CFO)
- the side of the tradesale
- shares sold14,620
- value of the sale in US dollars$3.26 million
- average price per share of the sale lines, US dollars$223.14
- how the sold shares were held1 sale line held directly
- first day of the tradesFeb 21, 2025
- last day of the tradesFeb 21, 2025
- the line for shares acquired by exercising a derivative security (N1)exercise of a derivative security (code M): 11,380 shares acquired on Feb 21, 2025 at $0 per share; held directly; 60,380 owned after the line
- the line for shares acquired by exercising a derivative security (N2)exercise of a derivative security (code M): 3,240 shares acquired on Feb 21, 2025 at $0 per share; held directly; 63,620 owned after the line
- the shares the form states after the last sale lineafter the last sale line the form states 49000 shares of Common Stock, par value $.01 per share held directly
- Footnote F2: the derivative securities convert into common stock one for oneone-for-oneThe form's footnotes, as filed ↗
- Footnote F1 of the Form 4 filed Feb 25, 2025 (it is attached to that document's line N3)11/11/2024The form's footnotes, as filed ↗
- the day the Form 4 was filedFeb 25, 2025
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The record
- Issuer
- Amazon (CIK 1018724, filed as AMAZON COM INC)
- Form
- 4
- Accession
- 0001018724-25-000020
- Filed
- Feb 25, 2025
- Period of report
- Feb 21, 2025
- Reporting owner
- Olsavsky Brian T (CIK 1639902)
- Relationship
- officer (Senior Vice President and CFO)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- M (exercise of a derivative security) · 11,380 Common Stock, par value $.01 per share at $0.00 · Feb 21, 2025 · acquired, directly · 60,380 held after
- Line 2
- M (exercise of a derivative security) · 3,240 Common Stock, par value $.01 per share at $0.00 · Feb 21, 2025 · acquired, directly · 63,620 held after
- Line 3
- S (sale) · 14,620 Common Stock, par value $.01 per share at $223.14 · Feb 21, 2025 · disposed, directly · 49,000 held after · footnote F1
- Derivative line 1
- M (exercise of a derivative security) · 11,380 Restricted Stock Unit Award at $0.00 · Feb 21, 2025 · disposed, directly · 35,060 held after · footnotes F2 and F3
- Derivative line 2
- M (exercise of a derivative security) · 3,240 Restricted Stock Unit Award at $0.00 · Feb 21, 2025 · disposed, directly · 85,860 held after · footnotes F2 and F4
- Footnote F1
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/11/2024.
- Footnote F2
- Converts into Common Stock on a one-for-one basis.
- Footnote F3
- This award vests based upon the following vesting schedule: 2,960 shares on each of May 21, 2022, August 21, 2022, and November 21, 2022; 2,980 shares on February 21, 2023; 3,940 shares on each of May 21, 2023, August 21, 2023, November 21, 2023, and February 21, 2024; 11,360 shares on each of May 21, 2024, August 21, 2024, and November 21, 2024; 11,380 shares on February 21, 2025; 8,760 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; and 8,780 shares on February 21, 2026.
- Footnote F4
- This award vests based upon the following vesting schedule: 2,260 shares on May 21, 2023; 2,240 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024; 3,240 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 3,940 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; 3,920 shares on February 21, 2026; 9,920 shares on May 21, 2026; 9,900 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; 7,640 shares on May 21, 2027; and 7,620 shares on each of August 21, 2027, November 21, 2027, and February 21, 2028.
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