AWS CEO Matthew S Garman sells 15,467 shares for $4,073,956.31 under pre-arranged 10b5-1 plan on 2026-05-21
Matthew S Garman, who was CEO of Amazon Web Services, executed 5 separate sales totaling 15,467 shares for $4,073,956.31 at prices ranging from $261.93 to $265.64 on 2026-05-21. The filing is subject to a pre-arranged 10b5-1 trading plan, meaning this was a scheduled transaction rather than a discretionary move. Post-transaction non-derivative holdings stand at 14,159 shares, down 52.2% from pre-transaction levels of 29,626 shares; however, Garman retains 205,193 shares in derivative holdings (restricted stock units across four accounts), preserving meaningful equity exposure. His prior trades at Amazon show mixed outcomes, with three May 2026 sales returning 1.0%–1.7% over 90 days and two February 2026 sales returning 29.3% and 30.5%, suggesting no consistent timing pattern at this ticker. The transaction itself carries no discretionary signal given the 10b5-1 plan structure.