Jeff Bezos to sell nearly $5B of Amazon stock
Core Points - Jeff Bezos plans to sell up to 25 million shares of Amazon, valued at over $4.7 billion, through a trading plan that complies with SEC Rule 10b5-1(c) [1][3] - The share sale is scheduled to occur over a period ending on May 29, 2026, subject to certain conditions [3] - As of March 3, Bezos owned over 909.4 million shares of Amazon [4] Company Financials - The recent share sale plan follows a previous instance where Bezos sold 50 million shares for over $8.5 billion in February 2024 [6] - Bezos's personal fortune was reported at $205.4 billion, making him the second-richest person globally, following Elon Musk [8] Market Impact - Amazon's stock price was reported at $190.20, reflecting a change of +5.78 (+3.13%) [5]