FilingsForm 4

Amazon Web Services CEO Matthew S. Garman sold $4.21 million of Amazon stock in May 2025

From the public record1 min read

Published Oct 20, 2026 · 05:17 UTCUpdated Oct 20, 2026 · 10:58 UTCFiled May 23, 2025

Value$4.21 million

Shares20,923

Average price$201.30

FiledMay 23

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Matthew S. Garman, CEO of Amazon Web Services, sold 20,923 Amazon shares for $4.21 million on May 21, 2025. The shares sold at an average of $201.30 each and came from restricted stock units exercised that day, for 6,320, 6,960 and 7,643 shares; the form states 0 shares held directly after the last sale line. The form said the sales were made under a Rule 10b5-1 trading plan, one set up in advance, which the reporting person adopted on May 29, 2024. The source is the Form 4 filed with the SEC on May 23, 2025, the form an insider files after trading a company's shares.1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

How each figure was checked18 facts

the reporting owner as filedGarman Matthew SOur database
the owner's role as filedofficer (CEO Amazon Web Services)Our database
the side of the tradessaleOur database
shares in the sale lines20,923Our database
value of the sale lines$4.21 millionOur database
date of the first tradeMay 21, 2025Our database
date of the last tradeMay 21, 2025Our database
the names on the form's signature lineby Mark F. Hoffman as attorney-in-fact for Matthew S. Garman, CEO Amazon Web ServicesOur database
average price of the sale lines$201.3Our database
shares held after the last sale lineafter the last sale line the form states 0 shares of Common Stock, par value $.01 per share held directlyOur database
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): 6,320 shares acquired on May 21, 2025 at $0 per share; held directly; 6,320 owned after the lineOur database
what the derivative security of that exercise is: derivative line D1 of the form38,360 shares of Restricted Stock Unit Award owned after this line, held directlyOur database
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): 6,960 shares acquired on May 21, 2025 at $0 per share; held directly; 13,280 owned after the lineOur database
what the derivative security of that exercise is: derivative line D2 of the form58,660 shares of Restricted Stock Unit Award owned after this line, held directlyOur database
an exercise of a derivative security on the day of the sale: line N3 of the form, the shares acquiredexercise of a derivative security (code M): 7,643 shares acquired on May 21, 2025 at $0 per share; held directly; 20,923 owned after the lineOur database
what the derivative security of that exercise is: derivative line D3 of the form173,078 shares of Restricted Stock Unit Award owned after this line, held directlyOur database
Footnote F1 of the Form 4 filed May 23, 2025 (it is attached to that document's line N4, N5, N6, N7)05/29/2024The Form 4's footnotes ↗
day the Form 4 was filedMay 23, 2025Our database

The record

Issuer: Amazon (CIK 1018724, filed as AMAZON COM INC)
Form: 4
Accession: 0001018724-25-000058
Filed: May 23, 2025
Period of report: May 21, 2025
Reporting owner: Garman Matthew S (CIK 2024813)
Relationship: officer (CEO Amazon Web Services)
Rule 10b5-1 checkbox: Ticked
Line 1: M (exercise of a derivative security) · 6,320 Common Stock, par value $.01 per share at $0.00 · May 21, 2025 · acquired, directly · 6,320 held after
Line 2: M (exercise of a derivative security) · 6,960 Common Stock, par value $.01 per share at $0.00 · May 21, 2025 · acquired, directly · 13,280 held after
Line 3: M (exercise of a derivative security) · 7,643 Common Stock, par value $.01 per share at $0.00 · May 21, 2025 · acquired, directly · 20,923 held after
Line 4: S (sale) · 12,761 Common Stock, par value $.01 per share at $200.746 · May 21, 2025 · disposed, directly · 8,162 held after · footnotes F1 and F2
Line 5: S (sale) · 4,329 Common Stock, par value $.01 per share at $201.5787 · May 21, 2025 · disposed, directly · 3,833 held after · footnotes F1 and F3
Line 6: S (sale) · 3,713 Common Stock, par value $.01 per share at $202.8148 · May 21, 2025 · disposed, directly · 120 held after · footnotes F1 and F4
Line 7: S (sale) · 120 Common Stock, par value $.01 per share at $203.2133 · May 21, 2025 · disposed, directly · 0 held after · footnotes F1 and F5
Derivative line 1: M (exercise of a derivative security) · 6,320 Restricted Stock Unit Award at $0.00 · May 21, 2025 · disposed, directly · 38,360 held after · footnotes F6 and F7
Derivative line 2: M (exercise of a derivative security) · 6,960 Restricted Stock Unit Award at $0.00 · May 21, 2025 · disposed, directly · 58,660 held after · footnotes F6 and F8
Derivative line 3: M (exercise of a derivative security) · 7,643 Restricted Stock Unit Award at $0.00 · May 21, 2025 · disposed, directly · 173,078 held after · footnotes F6 and F9
Footnote F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/29/2024.
Footnote F2: Represents the weighted average sale price. The highest price at which shares were sold was $201.13 and the lowest price at which shares were sold was $200.19.
Footnote F3: Represents the weighted average sale price. The highest price at which shares were sold was $202.12 and the lowest price at which shares were sold was $201.21.
Footnote F4: Represents the weighted average sale price. The highest price at which shares were sold was $203.20 and the lowest price at which shares were sold was $202.21.
Footnote F5: Represents the weighted average sale price. The highest price at which shares were sold was $203.23 and the lowest price at which shares were sold was $203.21.
Footnote F6: Converts into Common Stock on a one-for-one basis.
Footnote F7: This award vests based upon the following vesting schedule: 3,420 shares on each of May 21, 2022, August 21, 2022, and November 21, 2022; 3,400 shares on February 21, 2023; 3,640 shares on May 21, 2023; 3,620 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024; 4,300 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 6,320 shares on each of May 21, 2025 and August 21, 2025; 6,300 shares on each of November 21, 2025 and February 21, 2026; and 4,860 shares on each of May 21, 2026, August 21, 2026, November 21, 2026, and February 21, 2027.
Footnote F8: This award vests based upon the following vesting schedule: 8,260 shares on each of May 21, 2023 and August 21, 2023; 8,240 shares on each of November 21, 2023 and February 21, 2024; 3,180 shares on each of May 21, 2024, August 21, 2024, and November 21, 2024; 3,160 shares on February 21, 2025; 6,960 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; 6,940 shares on February 21, 2026; 1,500 shares on May 21, 2026; 1,480 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.
Footnote F9: This award vests based upon the following vesting schedule: 7,643 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026; 7,836 shares on each of May 21, 2026, August 21, 2026, and November 21, 2026; 7,835 shares on February 21, 2027; 7,845 shares on each of May 21, 2027 and August 21, 2027; 7,844 shares on each of November 21, 2027 and February 21, 2028; 12,344 shares on each of May 21, 2028, August 21, 2028, and November 21, 2028; 12,343 shares on February 21, 2029; 9,514 shares on May 21, 2029; and 9,513 shares on each of August 21, 2029, November 21, 2029, and February 21, 2030.
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.