Insider trade

Amazon Web Services CEO sold ~$866K of Amazon shares under pre-set plan

Traded Feb 23, 2026 · Filed Feb 24, 2026

AmazonAMZN

~$866K
Reported value · 4,202 sh @ $206.0169: 12K
Holds after · shares reported: +20.9%
stock since the trade · S&P 500 +12.0%, $205.27 → $248.23 on Oct 1

Why it stands out

The boss of Amazon sold $866K of Amazon shares. It was planned long ago, so it says very little.

Sold under a plan set up in advance, so the timing wasn't a fresh decision
Sold 26% of their holdings
Routine for them: 10 sales in the past year
7 insiders at Amazon sold within a month

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Feb 23, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 24, 2026

CEO$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$865,683

Shares × reported transaction price

Timing vs results

18 days after results of Feb 5, 2026, 65 days before results of Apr 29, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $205.27 on Feb 23, 2026, 23% above its 52-week low and 19% below its high, after a 17% drop over the previous 30 trading days

52-week range $167.32 (Apr 21, 2025) to $254.00 (Nov 3, 2025), 44% of the way up, from 251 adjusted closes. 30 trading days earlier: $246.29 on Jan 8, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 2,198 workers was filed in Washington on January 30, 2026.

From the official state WARN list, 24 days before the trade; 11 more notices by the company within 60 days. Shown for timing only; the two filings are separate

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+2.9%	-1.2%	+4.1%
30 days	-5.4%	-8.5%	+3.2%
90 days	+25.9%	+8.3%	+17.6%
180 days	+24.4%	+10.1%	+14.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0002024813-26-000002
Filed / recorded: Feb 24, 2026, 10:37 PM UTC
Added to OQRO: Oct 1, 2026, 11:17 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: AMAZON COM INC
Issuer CIK: 1018724
Ticker: AMZN
Reporting person: Matthew S Garman
Relationship: Officer
Officer title: CEO Amazon Web Services
Security: Common Stock, par value $.01 per share
Table: Non-derivative (Table I)
Transaction date: Feb 23, 2026
Transaction code: S
Shares / units: 4,202
Price per share: $206.0169
Acquired / disposed: Disposed (D)
Shares owned after: 11,878
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/06/2025.
Represents the weighted average sale price. The highest price at which shares were sold was $206.60 and the lowest price at which shares were sold was $205.61.