Amazon's Andrew R. Jassy sold $4.59 million of shares on Feb 21, 2025
Andrew R. Jassy, an Amazon director and officer listed as President and CEO, sold 20,784 shares held directly for $4.59 million on Feb 21, 2025, at an average price of $220.65 a share. The form also lists restricted stock units exercised on Feb 21, 2025, for 20,000 and 31,960 shares, and states 2,118,886 shares held directly after the last sale line. A footnote on the filing says the sale was made under a Rule 10b5-1 trading plan that the reporting person adopted on Nov 18, 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.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18
How each figure was checked
- the company the form is aboutAmazon
- the reporting owner as filedJassy Andrew R
- the names on the form's signature lineby Mark F. Hoffman as attorney-in-fact for Andrew R. Jassy, President and CEO
- the reporting owner's relationship to the companydirector and officer (President and CEO)
- the side of the tradesale
- shares sold20,784
- value of the sale in US dollars$4.59 million
- average price per share of the sale lines, US dollars$220.65
- how the sold shares were held5 sale lines held directly
- first day of the tradesFeb 21, 2025
- last day of the tradesFeb 21, 2025
- an exercise of a derivative security on the day of the sale: line N1 of the form, the shares acquiredexercise of a derivative security (code M): 20,000 shares acquired on Feb 21, 2025 at $0 per share; held directly; 2,107,710 owned after the line
- what the derivative security of that exercise is: derivative line D1 of the form1,100,000 shares of Restricted Stock Unit Award owned after this line, held directly
- an exercise of a derivative security on the day of the sale: line N2 of the form, the shares acquiredexercise of a derivative security (code M): 31,960 shares acquired on Feb 21, 2025 at $0 per share; held directly; 2,139,670 owned after the line
- what the derivative security of that exercise is: derivative line D2 of the form98,720 shares of Restricted Stock Unit Award owned after this line, held directly
- shares held after the last sale lineafter the last sale line the form states 2118886 shares of Common Stock, par value $.01 per share held directly
- Footnote F1 of the Form 4 filed Feb 25, 2025 (it is attached to that document's line N3, N4, N5, N6, N7)11/18/2024The 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
- 0001018724-25-000024
- Filed
- Feb 25, 2025
- Period of report
- Feb 21, 2025
- Reporting owner
- Jassy Andrew R (CIK 1374545)
- Relationship
- director and officer (President and CEO)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- M (exercise of a derivative security) · 20,000 Common Stock, par value $.01 per share at $0.00 · Feb 21, 2025 · acquired, directly · 2,107,710 held after
- Line 2
- M (exercise of a derivative security) · 31,960 Common Stock, par value $.01 per share at $0.00 · Feb 21, 2025 · acquired, directly · 2,139,670 held after
- Line 3
- S (sale) · 5,764 Common Stock, par value $.01 per share at $219.0963 · Feb 21, 2025 · disposed, directly · 2,133,906 held after · footnotes F1 and F2
- Line 4
- S (sale) · 3,652 Common Stock, par value $.01 per share at $219.9148 · Feb 21, 2025 · disposed, directly · 2,130,254 held after · footnotes F1 and F3
- Line 5
- S (sale) · 5,711 Common Stock, par value $.01 per share at $220.9195 · Feb 21, 2025 · disposed, directly · 2,124,543 held after · footnotes F1 and F4
- Line 6
- S (sale) · 3,200 Common Stock, par value $.01 per share at $222.0959 · Feb 21, 2025 · disposed, directly · 2,121,343 held after · footnotes F1 and F5
- Line 7
- S (sale) · 2,457 Common Stock, par value $.01 per share at $222.8847 · Feb 21, 2025 · disposed, directly · 2,118,886 held after · footnotes F1 and F6
- Derivative line 1
- M (exercise of a derivative security) · 20,000 Restricted Stock Unit Award at $0.00 · Feb 21, 2025 · disposed, directly · 1,100,000 held after · footnotes F7 and F8
- Derivative line 2
- M (exercise of a derivative security) · 31,960 Restricted Stock Unit Award at $0.00 · Feb 21, 2025 · disposed, directly · 98,720 held after · footnotes F7 and F9
- Footnote F1
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/18/2024.
- Footnote F2
- Represents the weighted average sale price. The highest price at which shares were sold was $219.46 and the lowest price at which shares were sold was $218.47.
- Footnote F3
- Represents the weighted average sale price. The highest price at which shares were sold was $220.44 and the lowest price at which shares were sold was $219.47.
- Footnote F4
- Represents the weighted average sale price. The highest price at which shares were sold was $221.37 and the lowest price at which shares were sold was $220.49.
- Footnote F5
- Represents the weighted average sale price. The highest price at which shares were sold was $222.46 and the lowest price at which shares were sold was $221.51.
- Footnote F6
- Represents the weighted average sale price. The highest price at which shares were sold was $223.17 and the lowest price at which shares were sold was $222.62.
- Footnote F7
- Converts into Common Stock on a one-for-one basis.
- Footnote F8
- This award vests based upon the following vesting schedule: 10,000 shares on each of May 21, 2023, August 21, 2023, November 21, 2023, and February 21, 2024; 20,000 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 25,000 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026; and 50,000 shares on each of May 21, 2026, August 21, 2026, November 21, 2026, February 21, 2027, May 21, 2027, August 21, 2027, November 21, 2027, February 21, 2028, May 21, 2028, August 21, 2028, November 21, 2028, February 21, 2029, May 21, 2029, August 21, 2029, November 21, 2029, February 21, 2030, May 21, 2030, August 21, 2030, November 21, 2030, and February 21, 2031.
- Footnote F9
- This award vests based upon the following vesting schedule: 31,960 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; and 24,680 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026.
- 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.
Insider purchases and sales of Amazon shares, 12 months
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