AMZN.NASDAQAmazon Com INC

Form 4: Amazon Senior Vice President David Zapolsky Reports Stock Donation

Sentiment:

SEC Form 4 Filing


Amazon's Senior Vice President, David Zapolsky, reported a donation of 4,950 shares of common stock to a non-profit organization.

Summary

  • David Zapolsky, a Senior Vice President at Amazon, filed a Form 4 with the SEC.
  • The filing reports a donation of 4,950 shares of Amazon common stock to a non-profit organization on November 15, 2024.
  • The transaction was a gift, with a price of $0 per share.
  • Following the transaction, Zapolsky directly owns 57,470 shares of Amazon common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock donation, with no positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of a transaction by a company insider and is typical for executives at publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders at publicly traded companies like Amazon, similar to filings made by executives at companies such as Apple (AAPL), Microsoft (MSFT), and Google (GOOG).
  • These filings are required by the SEC to ensure transparency in insider trading and are a common occurrence across the industry.
  • The donation of shares to a non-profit is not uncommon and is a personal decision of the executive, not a reflection of the company's performance.

Stakeholder Impact

  • The transaction has no direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/15/2024Date of the stock donation transaction.
11/19/2024Date the Form 4 was signed.

Keywords

Form 4, SEC Filing, Amazon, AMZN, David Zapolsky, Stock Donation, Beneficial Ownership, Non-profit

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