Insider selling at Amazon is routine and immaterial relative to market cap. No bearish signal. Monitor for any unusual acceleration in C-suite selling volume or a cluster of buys, which would be more informative.
Price Chart
Executive Summary
Three Amazon insiders, including the CEOs of Worldwide Amazon Stores and AWS, sold a total of $2.0M in open-market shares over a one-week window. The sales are trivial relative to Amazon's $2.86T market cap (0.00007%) and are likely routine portfolio diversification, not a bearish signal.
Key Financial Metrics
Key Facts
- Three insiders sold a total of $2.0M in open-market shares between May 14-21, 2026.
- Sales include $887K by AWS CEO Matthew Garman, $273K by Worldwide Stores CEO Douglas Herrington, and $419K by VP Shelley Reynolds.
- Total sales represent ~0.00007% of Amazon's $2.86T market cap, far below the 0.1% materiality threshold.
- CFO Brian Olsavsky and SVP David Zapolsky exercised non-cash stock options (zero economic value) on May 21, with Zapolsky selling a portion to cover taxes.
Financial Impact
Total open-market sales of $2.0M, or 0.00007% of market cap — immaterial.
Risk Factors
- No material risk identified from this cluster; sales are consistent with normal portfolio management.
- If selling volume increases >10x in a future cluster, that would warrant attention.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AMZN-1779834400172 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 5w ago | Court Ruling | $253.54 $259.53 | ▲ +2.36% | ▲ +0.10% | $250.00 (−1.40%) |
Sep 14, 2026 5w ago | 8-K | $253.54 $259.53 | ▲ +2.36% | ▲ +0.10% | $250.00 (−1.40%) |
Sep 11, 2026 5w ago | 424B5 | $253.54 $259.53 | ▲ +2.36% | ▲ +0.10% | $250.00 (−1.40%) |
Sep 11, 2026 5w ago | Court Ruling | $256.78 $262.43 | ▲ +2.20% | ▲ +0.33% | $250.00 (−2.64%) |
Sep 11, 2026 5w ago | Court Ruling | $256.78 $262.43 | ▲ +2.20% | ▲ +0.33% | $250.00 (−2.64%) |
Sep 9, 2026 5w ago | 424B5 | $252.40 $259.92 | ▲ +2.98% | ▲ +1.04% | $250.00 (−0.95%) |
Sep 9, 2026 5w ago | 8-K / 3 | $252.40 $259.92 | ▲ +2.98% | ▲ +1.04% | $250.00 (−0.95%) |
Sep 8, 2026 5w ago | Court Ruling | $256.97 $256.29 | ▼ −0.26% | ▼ −1.98% | $250.00 (−2.71%) |
Sep 8, 2026 5w ago | Court Ruling | $256.97 $256.29 | ▼ −0.26% | ▼ −1.98% | $250.00 (−2.71%) |
Sep 2, 2026 6w ago | Court Ruling | $254.98 $249.15 | ▼ −2.29% | ▼ −1.96% | $250.00 (−1.95%) |
US Market Status
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