Jeff Bezos to sell nearly $5B of Amazon stock

Jeff Bezos will offload up to 25 million Amazon shares, according to a new Securities and Exchange Commission (SEC) filing. Amazon said Friday in its quarterly report filed with the SEC that its billionaire founder adopted a trading plan "intended to satisfy Rule 10b5-1(c)" early last month to part ways with up to that many shares.  The 25 million Amazon shares had a value of over $4.7 billion as of Friday morning. The plan enables Bezos, who founded Amazon more than three decades ago and serves as the comp ...