Jeff Bezos just filed to sell $4 billion in Amazon. The shares are falling
The filing came after Amazon climbed to an all-time high on Monday, extending gains sparked by last week's quarterly results.
Jeff Bezos, Amazon's founder, has filed plans to sell approximately 15 million of the company's shares, valued at around $4.1 billion, following a surge in the stock price. This news came in the wake of stronger-than-expected earnings, which propelled Amazon's shares to a record high and valued the company at over $3 trillion. The planned sale, disclosed under a Rule 10b5-1 trading plan established on November 14, 2025, took place on Monday through Morgan Stanley.
The filing, made to the Securities and Exchange Commission, indicated that Bezos owns shares acquired as founder stock in 1994. Despite Amazon's shares falling more than 2% in early trading on Tuesday, the company's stock has risen 23% this year, surpassing the 11% gain witnessed by the S&P 500. Bezos has been a consistent seller of Amazon stock in recent years, often employing prearranged trading plans while retaining his position as one of the company's largest shareholders.
Additionally, Bezos donated 220,200 shares to nonprofit organizations in May, which may have been sold during the previous three months.
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