Amazon CEO Jassy Sells $5.18M in Shares Amid $18B Louisiana Expansion
Amazon CEO Andrew Jassy has made significant transactions in his company's shares. On August 21, 2026, he sold 20,000 shares of Amazon common stock under a Rule 10b5-1 trading plan adopted on November 14, 2025. The sales totaled $5,180,213 with prices ranging from $257.09 to $260.90.
In the same transaction date, Jassy acquired 50,000 shares of Amazon common stock through the conversion of restricted stock units. These units convert into common stock on a one-for-one basis.
The sales and acquisitions follow recent news that Amazon is expanding its investment in northwest Louisiana, increasing the planned amount to $18 billion, which includes the addition of a third data center campus in Shreveport aiming to create up to 750 full-time jobs and support 2,500 additional positions in the community.