Securities and Exchange Commission (SEC) filings from Tuesday showed that August 21 was an especially busy day in terms of Amazon (NASDAQ: AMZN) stock insider trading, as six senior members of the personnel dumped a total of over $15 million worth of equity.
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The largest of the sales was made by CEO Andrew Jassy, who dumped 20,000 AMZN shares worth $5.18 million at an average price of $259.01.
Senior Vice President David Zapolsky and CEO of Amazon Web Services (AWS) Matthew Garman were close behind, with the former offloading 15,430 shares at $259.52 for $4 million, and the latter 14,541 at $259,06 for $3.76 million.
Meanwhile, Senior Vice President and CFO Brian Olsavsky and CEO of Worldwide Amazon Stores, Douglas Herrington, both sold approximately $1.6 million worth of Amazon stock.
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Finally, Vice President Shelley Reynolds was responsible for the smallest of the day’s trades, having dumped 2,343 shares at an average price of $259.01 for a total of $606,854.
August saw insiders sell more than $350 million of Amazon stock
Notably, August in general saw significant selling by senior corporate personnel. On the third and the seventeenth days of the month, Douglas Herrington raised a total of $1.25 million, bringing his total to $2.9 million for the 30-day period.
Additionally, Jeff Bezos himself unveiled an intent to sell up to $4 billion worth of Amazon early in August, though he is, by press time on Wednesday, recorded as having dumped a significantly smaller $346 million worth of AMZN shares.
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This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).
Amazon stock price performance amidst extensive insider selling
Elsewhere, after a rapid rally at the very start of the month, the technology and e-commerce giant spent much of August declining. Indeed, though the equity is 12.82% in the green on the 30-day chart, it is also, at $261.06, 8.08% below its August 3 peak.
Still, AMZN shares offered decent performance to investors in 2026, as they are 15.26% in the green year-to-date (YTD).
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