Form 4: Amazon CEO Worldwide Amazon Stores, Douglas J. Herrington, Reports Stock Sale
SEC Filing
Douglas J. Herrington, CEO Worldwide Amazon Stores, reports the sale of 2,500 shares of Amazon stock at a price of $187.99 per share on April 1, 2025, according to a Form 4 filing.
Summary
- Douglas J. Herrington, CEO Worldwide Amazon Stores, filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on April 1, 2025.
- Herrington sold 2,500 shares of Amazon common stock at a price of $187.99 per share.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 7, 2024.
- Following the transaction, Herrington directly owns 509,474 shares of Amazon common stock.
- Herrington also indirectly owns 6,587.798 shares through the Amazon.com 401(k) plan account.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale by the CEO of Worldwide Amazon Stores is a data point for investors to consider, but without additional context, it's difficult to assess its significance.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, depending on how it's interpreted by the market.
- The sale does not appear to have any immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 04/01/2025 | Date of stock sale transaction |
| 04/03/2025 | Date of Form 4 filing |
Keywords
Form 4, insider trading, stock sale, AMZN, Amazon, Herrington, Rule 10b5-1
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