Amazon Insider Offloads Shares Worth Over Half a Million

July 4 - Douglas J. Herrington, Amazon's Senior Vice President and head of Worldwide Stores, sold 2,500 shares worth $550,144 on July 1, according to a Form 4 filing with the Securities and Exchange Commission.

The sales, executed under a pre?arranged Rule 10b5?1 plan set up on Nov. 7, 2024, ranged from $219.17 to $220.90 per share. Market watchers say the move appears driven by routine portfolio rebalancing rather than any fresh company insight.

Amazon.com AMZN stock ticked up about 2% on Thursday, closing at $223.41, hovering near its 52?week midpoint. The e?commerce powerhouse has delivered roughly a 13% gain over the past year, underpinned by $650.3 billion in trailing?twelve?month revenue.

Post?sale, Herrington still directly controls 514,550 shares and holds another 6,592.5 through Amazon's 401(k) plan, signaling sustained faith in the retailer's growth story.

Investors will keep a close eye on insider trades and the upcoming Q2 earnings report later this month to see if executive moves hint at broader sentiment inside the world's largest online marketplace.