Amazon Executive Gifts 22,000 Shares of Common Stock
Amazon executive Douglas Herrington made a significant gift of 22,000 shares of Amazon common stock to a non-profit organization on August 6, 2026. This move is classified as a bona fide gift, with no reported price per share or value.
The gift reduces Herrington's direct ownership in the company to 461,527 shares. He also holds an additional 6,609.348 shares indirectly through an Amazon.com 401(k) plan account.
This transaction is not considered a sale on the open market and is instead treated as a genuine contribution to a non-profit organization.