AMZN.NASDAQAmazon Com INC

Form 4: Amazon CFO Brian Olsavsky Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Amazon's CFO, Brian Olsavsky, reported the acquisition and disposal of company stock and derivative securities, including transactions made under a pre-arranged trading plan.

Summary

  • Brian Olsavsky, Amazon's Senior Vice President and CFO, filed a Form 4 detailing changes in his beneficial ownership of Amazon stock.
  • On February 21, 2025, Olsavsky acquired 11,380 shares of common stock through the vesting of restricted stock units (RSUs) and another 3,240 shares through another RSU award.
  • On the same day, he disposed of 14,620 shares of common stock at a price of $223.14 per share.
  • These transactions were executed under a Rule 10b5-1 trading plan adopted on November 11, 2024.
  • Following these transactions, Olsavsky directly owns 49,000 shares of Amazon common stock and indirectly owns 1,564.063 shares through the Amazon.com 401(k) plan account.
  • He also holds derivative securities, including 35,060 restricted stock units from one award and 85,860 restricted stock units from another award, which convert into common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. 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 trading activities of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Comparison to Industry Standards

  • Tracking insider transactions is a common practice in financial analysis.
  • Comparing Olsavsky's transactions to those of CFOs at comparable companies like Apple (AAPL) or Microsoft (MSFT) can provide context.
  • The use of a 10b5-1 trading plan is a standard method for insiders to avoid accusations of trading on non-public information.

Stakeholder Impact

  • The transactions could influence investor sentiment, although the use of a pre-arranged trading plan mitigates concerns about opportunistic trading.
  • Employees holding company stock or RSUs may be interested in these transactions.

Key Dates

DateDescription
05/21/2022Vesting date for 2,960 shares of restricted stock unit award.
08/21/2022Vesting date for 2,960 shares of restricted stock unit award.
11/21/2022Vesting date for 2,960 shares of restricted stock unit award.
02/21/2023Vesting date for 2,980 shares of restricted stock unit award.
05/21/2023Vesting date for 3,940 shares of restricted stock unit award and 2,260 shares of another restricted stock unit award.
08/21/2023Vesting date for 3,940 shares of restricted stock unit award and 2,240 shares of another restricted stock unit award.
11/21/2023Vesting date for 3,940 shares of restricted stock unit award and 2,240 shares of another restricted stock unit award.
02/21/2024Vesting date for 3,940 shares of restricted stock unit award and 2,240 shares of another restricted stock unit award.
05/21/2024Vesting date for 11,360 shares of restricted stock unit award and 3,240 shares of another restricted stock unit award.
08/21/2024Vesting date for 11,360 shares of restricted stock unit award and 3,240 shares of another restricted stock unit award.
11/11/2024Date the reporting person adopted a Rule 10b5-1 trading plan.
11/21/2024Vesting date for 11,360 shares of restricted stock unit award and 3,240 shares of another restricted stock unit award.
02/21/2025Date of stock acquisition and disposal transactions; vesting date for 11,380 shares of restricted stock unit award and 3,240 shares of another restricted stock unit award.
05/21/2025Vesting date for 8,760 shares of restricted stock unit award and 3,940 shares of another restricted stock unit award.
08/21/2025Vesting date for 8,760 shares of restricted stock unit award and 3,940 shares of another restricted stock unit award.
11/21/2025Vesting date for 8,760 shares of restricted stock unit award and 3,940 shares of another restricted stock unit award.
02/21/2026Vesting date for 8,780 shares of restricted stock unit award and 3,920 shares of another restricted stock unit award; expiration date for restricted stock unit award.
05/21/2026Vesting date for 9,920 shares of restricted stock unit award.
08/21/2026Vesting date for 9,900 shares of restricted stock unit award.
11/21/2026Vesting date for 9,900 shares of restricted stock unit award.
02/21/2027Vesting date for 9,900 shares of restricted stock unit award.
05/21/2027Vesting date for 7,640 shares of restricted stock unit award.
08/21/2027Vesting date for 7,620 shares of restricted stock unit award.
11/21/2027Vesting date for 7,620 shares of restricted stock unit award.
02/21/2028Vesting date for 7,620 shares of restricted stock unit award; expiration date for restricted stock unit award.
02/25/2025Date of signature for the Form 4 filing.

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