Amazon's Douglas J. Herrington sold $1.36 million of shares on Feb 21, 2025
Douglas J. Herrington, an Amazon officer listed as CEO Worldwide Amazon Stores, sold 6,104 shares held directly for $1.36 million on Feb 21, 2025, at an average price of $222.47 a share; that day the form shows 12,660 and 2,600 shares acquired by exercising derivative securities and states 514,474 shares held directly after the last sale line. 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 7, 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 filedHerrington Douglas J
- the names on the form's signature lineby Mark F. Hoffman as attorney-in-fact for Douglas J. Herrington, CEO Worldwide Amazon Stores
- the reporting owner's relationship to the companyofficer (CEO Worldwide Amazon Stores)
- the side of the tradesale
- shares sold6,104
- value of the sale in US dollars$1.36 million
- average price per share of the sale lines, US dollars$222.47
- how the sold shares were held3 sale lines 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): 12,660 shares acquired on Feb 21, 2025 at $0 per share; held directly; 517,978 owned after the line
- the line for shares acquired by exercising a derivative security (N2)exercise of a derivative security (code M): 2,600 shares acquired on Feb 21, 2025 at $0 per share; held directly; 520,578 owned after the line
- the shares the form states after the last sale lineafter the last sale line the form states 514474 shares of Common Stock, par value $.01 per share held directly
- Footnote F5: 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, N4, N5)11/07/2024The 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
- 0001018724-25-000022
- Filed
- Feb 25, 2025
- Period of report
- Feb 21, 2025
- Reporting owner
- Herrington Douglas J (CIK 1936006)
- Relationship
- officer (CEO Worldwide Amazon Stores)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- M (exercise of a derivative security) · 12,660 Common Stock, par value $.01 per share at $0.00 · Feb 21, 2025 · acquired, directly · 517,978 held after
- Line 2
- M (exercise of a derivative security) · 2,600 Common Stock, par value $.01 per share at $0.00 · Feb 21, 2025 · acquired, directly · 520,578 held after
- Line 3
- S (sale) · 1,704 Common Stock, par value $.01 per share at $221.5184 · Feb 21, 2025 · disposed, directly · 518,874 held after · footnotes F1 and F2
- Line 4
- S (sale) · 1,600 Common Stock, par value $.01 per share at $222.31 · Feb 21, 2025 · disposed, directly · 517,274 held after · footnotes F1 and F3
- Line 5
- S (sale) · 2,800 Common Stock, par value $.01 per share at $223.1443 · Feb 21, 2025 · disposed, directly · 514,474 held after · footnotes F1 and F4
- Derivative line 1
- M (exercise of a derivative security) · 12,660 Restricted Stock Unit Award at $0.00 · Feb 21, 2025 · disposed, directly · 39,040 held after · footnotes F5 and F6
- Derivative line 2
- M (exercise of a derivative security) · 2,600 Restricted Stock Unit Award at $0.00 · Feb 21, 2025 · disposed, directly · 57,260 held after · footnotes F5 and F7
- Footnote F1
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/07/2024.
- Footnote F2
- Represents the weighted average sale price. The highest price at which shares were sold was $221.99 and the lowest price at which shares were sold was $221.00.
- Footnote F3
- Represents the weighted average sale price. The highest price at which shares were sold was $222.97 and the lowest price at which shares were sold was $222.01.
- Footnote F4
- Represents the weighted average sale price. The highest price at which shares were sold was $223.26 and the lowest price at which shares were sold was $223.14.
- Footnote F5
- Converts into Common Stock on a one-for-one basis.
- Footnote F6
- This award vests based upon the following vesting schedule: 3,980 shares on each of May 21, 2022, August 21, 2022, November 21, 2022, and February 21, 2023; 4,900 shares on each of May 21, 2023, August 21, 2023, and November 21, 2023; 4,920 shares on February 21, 2024; 12,640 shares on May 21, 2024; 12,660 shares on each of August 21, 2024, November 21, 2024, and February 21, 2025; and 9,760 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026.
- Footnote F7
- This award vests based upon the following vesting schedule: 2,600 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 3,520 shares on May 21, 2025; 3,500 shares on each of August 21, 2025, November 21, 2025, and February 21, 2026; 2,860 shares on May 21, 2026; 2,840 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; 7,980 shares on May 21, 2027; and 7,960 shares on each of August 21, 2027, November 21, 2027, and February 21, 2028.
- Remarks
- The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4.
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