FilingsForm 4
Amazon Web Services CEO sold $4.07 million of Amazon stock on May 21
Value$4.07 million
Shares15,467
Average price$263.40
FiledMay 26
Matthew S. Garman, CEO of Amazon Web Services, sold 15,467 shares of Amazon stock for $4.07 million on May 21, 2026, at an average of $263.40 a share; the shares had been acquired that day by exercising restricted stock units. The shares sold were held directly, and after the last sale line the form states 14,159 shares held directly. A footnote says the sales were made under a Rule 10b5-1 trading plan, a preset schedule for trades. The Form 4, the report insiders file after trading company stock, was filed on May 26, 2026 and is on the SEC's EDGAR site.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18
How each figure was checked
- who traded, the reporting owner as filedGarman Matthew S
- who the form was signed forby Susan K. Jong as attorney-in-fact for Matthew S. Garman, CEO Amazon Web Services
- the reporting owner's role at the companyofficer (CEO Amazon Web Services)
- the companyAmazon
- the side of the tradesale
- shares sold15,467
- value of the sale$4.07 million
- average price per share$263.4
- date of the first tradeMay 21, 2026
- line 1 of the Form 4: an exercise of a derivative security, shares acquired on the sale dateexercise of a derivative security (code M): 4,860 shares acquired on May 21, 2026 at $0 per share; held directly; 16,290 owned after the line
- line 2 of the Form 4: an exercise of a derivative security, shares acquired on the sale dateexercise of a derivative security (code M): 1,500 shares acquired on May 21, 2026 at $0 per share; held directly; 17,790 owned after the line
- line 3 of the Form 4: an exercise of a derivative security, shares acquired on the sale dateexercise of a derivative security (code M): 4,000 shares acquired on May 21, 2026 at $0 per share; held directly; 21,790 owned after the line
- line 4 of the Form 4: an exercise of a derivative security, shares acquired on the sale dateexercise of a derivative security (code M): 7,836 shares acquired on May 21, 2026 at $0 per share; held directly; 29,626 owned after the line
- the derivative security exercised on the form's first derivative line14,580 shares of Restricted Stock Unit Award owned after this line, held directly
- how the sold shares were held5 sale lines held directly
- shares held after the last sale lineafter the last sale line the form states 14159 shares of Common Stock, par value $.01 per share held directly
- footnote F1: the sales were effected under a Rule 10b5-1 trading planRule 10b5-1 trading planFootnotes of the Form 4 filed May 26, 2026 ↗
- day the Form 4 was filedMay 26, 2026
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The record
- Issuer
- Amazon (CIK 1018724, filed as AMAZON COM INC)
- Form
- 4
- Accession
- 0002024813-26-000008
- Filed
- May 26, 2026
- Period of report
- May 21, 2026
- 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) · 4,860 Common Stock, par value $.01 per share at $0.00 · May 21, 2026 · acquired, directly · 16,290 held after
- Line 2
- M (exercise of a derivative security) · 1,500 Common Stock, par value $.01 per share at $0.00 · May 21, 2026 · acquired, directly · 17,790 held after
- Line 3
- M (exercise of a derivative security) · 4,000 Common Stock, par value $.01 per share at $0.00 · May 21, 2026 · acquired, directly · 21,790 held after
- Line 4
- M (exercise of a derivative security) · 7,836 Common Stock, par value $.01 per share at $0.00 · May 21, 2026 · acquired, directly · 29,626 held after
- Line 5
- S (sale) · 4,257 Common Stock, par value $.01 per share at $261.9279 · May 21, 2026 · disposed, directly · 25,369 held after · footnotes F1 and F2
- Line 6
- S (sale) · 4,554 Common Stock, par value $.01 per share at $263.1801 · May 21, 2026 · disposed, directly · 20,815 held after · footnotes F1 and F3
- Line 7
- S (sale) · 3,689 Common Stock, par value $.01 per share at $264.0309 · May 21, 2026 · disposed, directly · 17,126 held after · footnotes F1 and F4
- Line 8
- S (sale) · 2,534 Common Stock, par value $.01 per share at $264.9465 · May 21, 2026 · disposed, directly · 14,592 held after · footnotes F1 and F5
- Line 9
- S (sale) · 433 Common Stock, par value $.01 per share at $265.6412 · May 21, 2026 · disposed, directly · 14,159 held after · footnotes F1 and F6
- Derivative line 1
- M (exercise of a derivative security) · 4,860 Restricted Stock Unit Award at $0.00 · May 21, 2026 · disposed, directly · 14,580 held after · footnotes F7 and F8
- Derivative line 2
- M (exercise of a derivative security) · 1,500 Restricted Stock Unit Award at $0.00 · May 21, 2026 · disposed, directly · 36,300 held after · footnotes F7 and F9
- Derivative line 3
- M (exercise of a derivative security) · 4,000 Restricted Stock Unit Award at $0.00 · May 21, 2026 · disposed, directly · 12,000 held after · footnotes F7 and F10
- Derivative line 4
- M (exercise of a derivative security) · 7,836 Restricted Stock Unit Award at $0.00 · May 21, 2026 · disposed, directly · 142,313 held after · footnotes F7 and F11
- Footnote F1
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/06/2025.
- Footnote F2
- Represents the weighted average sale price. The highest price at which shares were sold was $262.45 and the lowest price at which shares were sold was $261.51.
- Footnote F3
- Represents the weighted average sale price. The highest price at which shares were sold was $263.56 and the lowest price at which shares were sold was $262.57.
- Footnote F4
- Represents the weighted average sale price. The highest price at which shares were sold was $264.58 and the lowest price at which shares were sold was $263.59.
- Footnote F5
- Represents the weighted average sale price. The highest price at which shares were sold was $265.57 and the lowest price at which shares were sold was $264.59.
- Footnote F6
- Represents the weighted average sale price. The highest price at which shares were sold was $265.72 and the lowest price at which shares were sold was $265.60.
- Footnote F7
- Converts into Common Stock on a one-for-one basis.
- Footnote F8
- 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 F9
- 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 F10
- This award vests based upon the following vesting schedule: 4,000 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, February 21, 2025, May 21, 2026, August 21, 2026, November 21, 2026, and February 21, 2027.
- Footnote F11
- 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.
Insider purchases and sales of Amazon shares, 12 months
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