Amazon Awards Director Kevin Mandia 4,086 Restricted Stock Units
Amazon awarded director Kevin Mandia 4,086 restricted stock units (RSUs) on September 8, 2026. Each RSU converts into one share of common stock and vests in three equal installments of 1,362 shares over the next three years.
The first vesting tranche will occur on November 15, 2027, followed by the second and third tranches on November 15, 2028, and November 15, 2029, respectively. The award is subject to Mandia's continued service as a director of Amazon.
RSUs are a type of equity compensation that aligns employees' incentives with shareholders' interests. When converted, they increase the total number of shares outstanding, potentially diluting existing holders.