Matthew S. Garman, a key executive at Amazon.com Inc. (AMZN), executed a sale of 5,881 shares of the company's stock on February 24, 2026. The transaction, priced at $204.14 per share, amounted to approximately $1.2 million.
This sale follows similar recent transactions by other Amazon executives. David Zapolsky also sold shares on February 24, 2026, totaling over $2.1 million. Earlier in the week, CEO Andrew Jassy engaged in multiple sales, cumulatively representing over $4 million in stock.
Insider selling can occur for a variety of reasons, including portfolio diversification or personal financial planning, and does not necessarily indicate a negative outlook on the company's future performance.