Jeff Bezos sells $863.5 million worth of Amazon shares

Jeff Bezos sells $863.5 million worth of Amazon shares

Executive Chairman and co-founder Jeff Bezos has sold another $863.5M in stock, the company disclosed on Tuesday.

The sale, disclosed in an 8-K filing, comes just days after Bezos disclosed that he had sold nearly $5B worth of Amazon. The sales are part of a February disclosure by the company noting that Bezos had adopted a plan that would let him sell as many as 50M shares before early 2025.

Amazon shares closed at $199.34 on Tuesday, up 33% year-to-date and nearly 57% over the past year.

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