Amazon.com (NASDAQ:AMZN) CEO Sells $5,022,500.00 in Stock

Amazon CEO Douglas Herrington sold 20,500 shares on April 14, 2026 under a pre‑arranged Rule 10b5‑1 plan, disposing of stock at an average price of $245.00 for proceeds of $5,022,500. The sale reduced his stake by 3.94% to 499,861 shares (valued at about $122.5m). The transaction was disclosed via an SEC Form 4 filing. Market context in the piece notes Amazon shares opened at $250.56, trade near record highs driven by AWS AI momentum and a Globalstar acquisition, and enjoy mostly positive analyst sentiment and rising price targets — offset by seller boycotts and overbought cautions. Overall the insider sale appears procedural (10b5‑1) and is unlikely to materially change the broader bullish narrative, but will be monitored by investors.