Form 4: Amazon Senior Vice President David Zapolsky Sells 2,190 Shares Under 10b5-1 Trading Plan

Amazon's Senior Vice President, David Zapolsky, sold 2,190 shares of common stock at $195 per share, as part of a pre-arranged trading plan.

Summary

• David Zapolsky, a Senior Vice President at Amazon, sold 2,190 shares of Amazon common stock.
• The sale occurred on September 24, 2024, at a price of $195 per share.
• This transaction was executed under a pre-existing Rule 10b5-1 trading plan adopted on November 13, 2023.
• Following the transaction, Mr. Zapolsky directly owns 62,420 shares of Amazon stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a pre-planned stock sale by an executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity, which is common for executives at publicly traded companies. The use of a 10b5-1 plan is a standard practice to avoid accusations of trading on inside information.

Comparison to Industry Standards

• The use of a 10b5-1 trading plan is a common practice among executives at large public companies like Amazon, including peers such as Apple (AAPL), Microsoft (MSFT), and Google (GOOGL).
• These plans allow executives to sell shares at predetermined times and prices, mitigating the risk of insider trading allegations.
• The volume of shares sold is relatively small compared to the total outstanding shares of Amazon, and is not unusual for an executive's planned transactions.

Stakeholder Impact

• The sale is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors due to the relatively small volume of shares sold and the pre-planned nature of the transaction.

Key Dates

Keywords

insider trading, Form 4, David Zapolsky, Amazon, AMZN, stock sale, Rule 10b5-1, executive