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Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

On December 4, 2024, Jeff Bezos, Amazon’s founder and executive chairman, announced his intention to sell as many as 25 million shares of the company within the next year.
Bezos adopted a 10b5-1 trading plan on March 4, 2024, to structure the sales and avoid insider trading concerns amid post-earnings tariff uncertainty.
The planned stock sale, valued at about $4.7 billion based on recent prices, follows Bezos stepping down as CEO in 2021 and continuing to fund other ventures.
Amazon's first-quarter report showed profit above estimates but projected lower operating income, while Bezos remains the largest shareholder with over 900 million shares.
This stock sale reflects Bezos' ongoing practice of selling shares to support projects like Blue Origin and implies continued personal wealth exceeding $200 billion.

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Entrepreneur

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Variety

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New York Post

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diario.mx

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Plan Bezos to sell up to 25 million shares in Amazon

Amazon’s founder, Jeff Bezos, plans to sell a significant portion of his shares in Amazon, valued at billions of dollars, over the next year, according to Business Insider. Amazon’s executive president and founder of Blue Origin will dispose of up to 25 million shares held by the e-commerce giant during a period ending in May 2026, as part of a negotiating plan that he adopted in March, according to a regulatory document presented on Friday. The…

20 hours ago

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CNBC

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Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

Bezos' disclosure of stock sales comes a day after Amazon's first-quarter earnings report showed the company is bracing for tariff-related uncertainty.

20 hours ago·United States

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