Form 4: Amazon CEO Jassy Sells Shares Under 10b5-1 Plan
Statement of Changes in Beneficial Ownership
Amazon President and CEO Andrew R. Jassy sold a significant number of shares as part of a pre-arranged trading plan.
Summary
- Andrew R. Jassy, President and CEO of Amazon.com Inc. (AMZN), reported transactions involving the sale of Amazon common stock on May 21, 2026.
- These sales were executed under a Rule 10b5-1 trading plan adopted on November 14, 2025, which allows insiders to sell shares at predetermined times and prices.
- A total of 50,000 shares were acquired under a Restricted Stock Unit Award, with a conversion price of $0.
- The filing details multiple sales transactions with weighted average prices ranging from $261.95 to $265.61.
- Following these transactions, Jassy's beneficial ownership of Amazon common stock is reported as 2,205,766 shares directly and 65,500 shares indirectly in trust, plus shares held in the Amazon.com 401(k) plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports routine stock transactions by an executive under a pre-established trading plan, rather than significant new strategic information or financial performance indicators.
Negatives
- Andrew R. Jassy, President and CEO, sold a total of 17,700 shares of Amazon common stock across multiple transactions on May 21, 2026, at prices ranging from $261.95 to $265.61.
- The total number of shares sold under the 10b5-1 plan on this date amounts to 17,700 shares.
Future Outlook
The filing details the vesting schedule for a Restricted Stock Unit Award, indicating future share issuances on various dates up to February 21, 2031.
Management Comments
- 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.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard for tracking insider transactions. The use of a Rule 10b5-1 plan by Amazon's CEO indicates a structured approach to managing personal stock holdings, which is common among executives in the tech industry to avoid insider trading concerns.
Stakeholder Impact
- Shareholders may observe these transactions as part of normal executive compensation and stock management practices. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on non-public information.
Next Steps
- The vesting schedule for the Restricted Stock Unit Award continues through February 21, 2031.
Key Dates
| Date | Description |
|---|---|
| 2022-11-14 | Date Rule 10b5-1 trading plan was adopted by the reporting person. |
| 2023-05-21 | First vesting date for 10,000 shares of Restricted Stock Unit Award. |
| 2026-05-21 | Transaction Date for stock sales and acquisition of shares under RSU award. |
| 2026-05-26 | Date of signature for the Form 4 filing. |
Keywords
Amazon, AMZN, Andrew R. Jassy, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, SEC Filing, Executive Compensation
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