Jeff Bezos Files to Sell Up to $5B in Amazon Stock

by

As a devoted admirer, I find myself excitedly sharing that Jeff Bezos, Amazon’s visionary founder and current executive chairperson, has expressed intentions to offload a portion of his ownership stake within the company.

Amazon announced in a recent filing that Bezos, with a personal fortune exceeding $200 billion, plans to sell as many as 25 million of his company’s shares, which are estimated to be worth approximately $5 billion collectively.

Amazon submitted its quarterly report (Form 10-Q) to the Securities and Exchange Commission on Friday, disclosing a planned stock selling strategy (10b5-1 plan) for Bezos. These strategies aim to address potential insider trading issues by setting up a prearranged schedule for sales that are carried out automatically once specific stock requirements are fulfilled.

Details regarding the particulars of the trading strategy remained undisclosed, only revealing a total of 25 million shares and a final date set for May 29, 2026. To put this into perspective, Disney’s CEO Bob Iger unveiled a 10b5-1 plan last year that covered approximately $41 million in stocks.

It’s worth mentioning that Bezos has been selling a modest portion of his Amazon stocks over the past few years to support his various endeavors, such as The Washington Post and Blue Origin, a space exploration company. In fact, last year alone, he filed a trading plan allowing for the sale of up to 50 million shares in the company.

The proposed transaction takes place during a difficult period for Amazon, as they grapple with unpredictable tariff conditions. However, it’s worth noting that their advertising sector is thriving; in fact, it expanded by an impressive 19% in Q1, reaching $13.9 billion.

Read More

2025-05-02 15:54