Form 4: Amazon Director Edith W. Cooper Acquires Shares Through Vesting Restricted Stock Units

Director Edith W. Cooper acquired 1,900 shares of Amazon stock through the vesting of restricted stock units.

Summary

• Edith W. Cooper, a director at Amazon, acquired 1,900 shares of common stock on November 15, 2024.
• The acquisition was a result of restricted stock units vesting.
• These units convert into common stock on a one-for-one basis.
• The vesting occurred as part of a previously granted award that vests over three years.
• The price of the stock at the time of vesting was $0 as it was a conversion of existing units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns interests.

Positives

• The vesting of restricted stock units aligns the director's interests with the company's performance.
• The acquisition of shares increases the director's stake in the company.

Industry Context

This is a standard transaction for directors of publicly traded companies, where stock-based compensation is a common practice.

Comparison to Industry Standards

• Stock-based compensation, including restricted stock units, is a common practice for directors and executives in large technology companies like Amazon.
• Companies such as Apple, Google, and Microsoft also use similar compensation structures to align the interests of their leadership with shareholder value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Amazon, Director, Stock Acquisition, Restricted Stock Units, Vesting, Form 4, Insider Trading