Andrew R. Jassy, President and CEO of Amazon.com Inc. (AMZN), has sold 31,000 shares of the company's stock. The transaction occurred on April 17, 2026, with shares sold at an average price of $255.00 each, resulting in a total value of approximately $7.91 million.
This sale follows other notable insider transactions at Amazon. Earlier in April, Douglas J. Herrington, another executive, sold shares totaling over $5.2 million across multiple transactions. David Zapolsky, Senior Vice President General Counsel and Secretary, also sold shares in late February.
Insider selling activity can be attributed to various personal financial decisions, such as portfolio diversification or tax planning, and does not necessarily indicate a negative outlook on the company's future performance.