Amazon CEO Matthew Garman's Stock Transactions and RSU Vesting
This Form 4 filing reports significant stock transactions by Matthew S. Garman, CEO of Amazon Web Services, on May 15, 2026. The filing shows Garman received 13,500 shares through the vesting of restricted stock units (RSUs) at $0 cost, while simultaneously selling 11,475 shares through three separate transactions at weighted average prices ranging from $261.79 to $263.57 per share. These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on May 6, 2025, indicating pre-planned transactions. Following these transactions, Garman's direct ownership decreased from 22,905 shares to 11,430 shares, while he maintains 887.52 shares indirectly through Amazon's 401(k) plan. The remaining 13,500 RSUs are scheduled to vest on May 15, 2028. The filing represents a net reduction in Garman's direct Amazon stock holdings despite the RSU vesting.