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EdgarHawk

Matthew S Garman

CEO Amazon Web Services

Officer

Latest: CEO Amazon Web Services selling · May 2026

9 filings analyzed · 1 company · Latest 2026-05-26

Companies

Company Buys Sells Direction
AMAZON COM INC AMZN 0 57 Net selling

Activity

May 2026
2026-05-26 AMAZON COM INC AMZN
low
Sell
15,467 shares
$4,073,956
Significance 4/10

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.

2026-05-19 AMAZON COM INC AMZN
medium
Sell
11,475 shares
$3,013,973
Significance 5/10

AWS CEO Garman sold 11.5K AMZN shares for $3.0M via 10b5-1 plan; holdings cut to 11.4K

Garman Matthew S, who was CEO of Amazon Web Services, executed three separate sales totaling 11,475 shares for $3,013,972.88 at a blended average price of $262.66 on 2026-05-15, reducing his holdings by 50.1% to 11,430 shares post-transaction. The transaction was conducted under a pre-arranged 10b5-1 trading plan, meaning it was scheduled rather than discretionary. His prior sales at AMZN have generated positive 30-day and 90-day returns (ranging from +1.8% to +3.7% over 30 days and +27.3% to +29.7% over 90 days), though this specific sale's timing implications are neutral since it was executed per plan. The stock is currently trading at $259.34, down 6.9% from its 52-week high, and has delivered strong recent performance with a +26.6% gain over the past 90 days.

February 2026
2026-02-24 AMAZON COM INC AMZN
high
Sell
17,751 shares
$3,642,842
Significance 7/10

AWS CEO Matthew Garman sells 17,751 shares for $3,642,841.81; reduces holding 65.4%, but prior AMZN sales consistently well-timed (5 of 5 preceded declines).

Matthew S Garman, CEO of Amazon Web Services, executed 5 separate sales on 2026-02-23 totaling 17,751 shares (17.8K shares) for $3,642,841.81 at a blended average price of $205.22, reducing his holdings by 65.4% from 27,156 to 9,405 shares post-transaction. At his same-ticker level (AMZN), all 5 prior trades in November 2025 exhibited a 100% well-timed pattern at the 90-day mark—each preceded subsequent stock declines ranging from -5.1% to -6.7%. Current stock is -17.9% from its 52-week high and -12.8% over the past 30 days, adding context to the timing of this large reduction. The magnitude and sequencing of this sale—across five discrete tranches at incrementally higher prices—merit close monitoring given the consistent predictive pattern established by his prior AMZN transactions.

November 2025
2025-11-25 AMAZON COM INC AMZN
medium
Sell
17,768 shares
$3,853,946
Significance 6/10

AWS CEO Garman sells 17,768 shares across 5 transactions for $3,853,945.69 on 2025-11-21, reducing stake to 6,273 shares (-73.9%)

Matthew S Garman, CEO of Amazon Web Services, executed 5 separate sales on 2025-11-21, disposing of 17,768 shares at prices ranging from $215.83 to $219.48 (blended average $216.90), raising $3,853,945.69. This transaction reduced his holdings from 24,041 shares to 6,273 shares, a reduction of 73.9%. At the current price of $229.67, the shares sold are now worth approximately $6.9M more than the $3.85M realized, indicating the insider sold below subsequent price appreciation. His prior 5 trades at AMZN all showed positive 90-day returns (ranging +0.4% to +13.6%), with 0 of 5 sales being well-timed (all occurred before the stock rose further). The pattern suggests prior sales at this ticker have missed upside; this large block sale warrants observation as to whether it represents a structural shift in his conviction or follows the pattern of prior trades at this company.

August 2025
2025-08-25 AMAZON COM INC AMZN
high
Sell
17,785 shares
$3,940,677
Significance 6/10

AWS CEO Garman sells 17,785 shares of AMZN for $3.9M at $221.57 avg, reducing holdings by 85.0%

CEO of Amazon Web Services Garman Matthew S executed 2 separate sales totaling 17,785 shares for $3,940,677.13 on 2025-08-21, reducing his position from 20,923 shares to 3,138 shares—an 85.0% reduction in holdings. The blended average price of $221.57 compares to the current price of $227.94, representing a -2.8% deviation. His prior AMZN trades (5 most recent, all in 2025) show mixed timing outcomes: four sales in May posted 90-day returns of 12.2%–13.6% while one February sale posted -8.1%; only 1 of 5 prior same-ticker sales were well-timed at the 90-day mark. His cross-ticker track record across 20 prior sells shows an average 90-day return of +7.9% with a well-timed rate of 25.00%, suggesting sales have historically been poorly timed. The substantial reduction in a key executive's position during a period where the stock has appreciated 10.6% over 90 days and remains near 52-week highs warrants attention to the scale and timing context.

May 2025
2025-05-23 AMAZON COM INC AMZN
high
Sell
20,923 shares
$4,211,791
Significance 8/10

AWS CEO Garman sells entire 20,923 share stake ($4.2M) across 4 transactions at avg $201.30 on 2025-05-21

Matthew S. Garman, CEO of Amazon Web Services, executed 4 separate sales totaling 20,923 shares for $4,211,790.85 on 2025-05-21, completely liquidating his AMZN holdings. This represents a 100.0% reduction of his pre-transaction position. Notably, Garman's prior trades at AMZN show a consistent pattern: all 5 prior sell transactions were well-timed at the 90-day mark, with negative 90-day returns ranging from -7.3% to -8.8%, suggesting the insider has demonstrated consistent ability to exit before declines. The current trading context shows AMZN at $200.99 (approximately at the blended sale price of $201.30), with the stock +11.3% over 30 days but -7.2% over 90 days, and positioned -17.0% below its 52-week high of $242.06. The complete exit by a major operating executive warrants investor attention in light of the documented historical timing success at this specific ticker.

February 2025
2025-02-25 AMAZON COM INC AMZN
high
Sell
15,240 shares
$3,363,292
Significance 6/10

AWS CEO Garman sells entire AMZN position: 15,240 shares for $3.4M at blended $220.69; stock now $212.80.

Matthew Garman, CEO of Amazon Web Services, executed 5 separate sales on 2025-02-21 totaling 15,240 shares for $3,363,291.67, liquidating his entire Amazon position. The blended average sale price of $220.69 is currently $7.89 above the stock's market price of $212.80, yet stock has declined 9.4% in the past 30 days and 12.1% from its 52-week high of $242.06. His prior AMZN sales (all on 2024-11-21) showed consistent positive returns in both the 30- and 90-day periods following those transactions, with a 0% well-timed rate at the 90-day mark—meaning the stock rose after each prior sale rather than falling. The complete elimination of his AMZN holdings while an executive at AWS, combined with prior sales that consistently failed to precede stock declines, is a data point warranting close tracking of AWS-specific strategic developments or his tenure stability.

November 2024
2024-11-25 AMAZON COM INC AMZN
medium
Sell
15,260 shares
$3,054,828
Significance 3/10

AWS CEO Garman liquidates full 15,260-share AMZN holding in 7 sales totaling $3,054,828.49

Matthew S Garman, CEO of Amazon Web Services, sold 7 separate tranches totaling 15,260 shares at prices ranging from $196.31 to $202.87 on 2024-11-21 for a combined $3,054,828.49 (blended average $200.19), reducing his holding to 0 shares. The complete liquidation of his entire position represents a notable structural change in his personal holdings, though the sales occurred in the price range near current levels ($201.45), with no substantial departure from recent trading patterns. His prior sales at AMZN (4 sales on 2024-08-21) each generated positive 90-day returns of +5.2% to +13.9%, indicating that his prior exit points were poorly timed relative to subsequent stock appreciation. The absence of a 10b5-1 plan FLAG suggests discretionary execution; the timing coincides with robust recent price action (+7.2% in 30 days, +16.4% in 90 days) and a stretched valuation (P/E 35.16), though these contextual factors do not explain why a company insider would fully exit a major position.

August 2024
2024-08-23 AMAZON COM INC AMZN
high
Sell
15,260 shares
$2,758,409
Significance 7/10

AWS CEO Garman sold 15,260 shares in 4 transactions for $2,758,409.05; now holds 0 shares.

Garman Matthew S, CEO of Amazon Web Services, executed four separate sales on 2024-08-21 totaling 15,260 shares for $2,758,409.05 at blended average price $180.76, reducing his holdings from 15,260 shares to 0 shares (a complete exit). The sales occurred at prices ranging from $179.58 to $182.22, a narrow band near the 52-week range high of $200.00. A complete elimination of holdings by a major division executive is noteworthy given Amazon's scale ($148.0B quarterly revenue, $1,858.1B market cap) and AWS's strategic importance to the company. The transaction's significance lies not in timing characterization but in the change of insider exposure: the full divestiture should be tracked for any pattern of subsequent executive departures, role transitions, or strategic AWS announcements.

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