Jeff Bezos sells $737 million Amazon shares: Billionaire files sale under Rule 10b5-1
Jeff Bezos recently sold approximately $737 million worth of Amazon stock, executed under a prearranged trading plan (Rule 10b5-1). This sale, involving around 3.3 million shares, coincided with Bezos' wedding in Italy. Despite this divestment, Bezos remains Amazon's largest shareholder, holding approximately 905 million shares. He plans to sell up to 25 million shares by May 2026.
Jeff Bezos recently sold approximately $737 million worth of Amazon stock, executed under a prearranged trading plan (Rule 10b5-1). This sale, involving around 3.3 million shares, coincided with Bezos' wedding in Italy. Despite this divestment, Bezos remains Amazon's largest shareholder, holding approximately 905 million shares. He plans to sell up to 25 million shares by May 2026.
