Amazon has granted incoming Amazon CEO Andy Jassy 61,000 shares.- The grant, worth about $214 million at Friday's close, will vest over 10 years.
- Jassy on July 5 will take the helm of the company as CEO Jeff
Bezos steps down.
Incoming Amazon CEO Andy Jassy's newest
Amazon on Friday filed $4 with the Securities and Exchange Commission (SEC) detailing Jassy's newest award of 61,000 shares. Amazon stock ended the week at $3,510.98 per share, placing Jassy's new grant just above $214 million.
Jassy's total Amazon holdings before the award were worth about $270 million, according to $4 of his SEC filings.
He owned about 0.02% of Amazon stock, according to FactSet data reported by $4 on Friday.
Bezos, who $4 as chief executive on July 5, holds $4 of the company and more than 50 million shares, according to $4.
Bezos' Amazon stake totaled about $170 billion in May. He sold $4 in stock in 2020.
The stock ticked up 2% in after-hours trading on Friday.
Jassy sold about 460,000 Amazon shares over the last 15 years, according to $4. If he hadn't sold those shares, his holdings would have been worth about $1.8 billion in February, it said.