Matthew S. Garman, CEO of Amazon Web Services, sold 15,467 shares of Amazon on May 21, 2026, for approximately $4.07 million. Shares were sold between $261.93 and $265.64, near the current price of $265.31.
The sales were executed under a Rule 10b5-1 trading plan adopted on May 6, 2025. On the same day, Garman acquired 18,196 shares through vesting of restricted stock units.
After the transactions, Garman directly holds 14,159 shares. He also holds 887.52 shares indirectly through a 401(k) plan. Amazon shares have returned 32% over the past year.
According to Bond.az analysis, Amazon appears undervalued. Recently, Berkshire Hathaway invested $2.65 billion in Delta Air Lines, which chose Amazon over SpaceX for in-flight Wi-Fi.
