Amazon founder sells 4.07 billion USD of stock, marking one of the largest insider disposals in recent years.
Jeff Bezos, Amazon’s executive chair, sold $4.07 billion worth of AMZN shares, according to recent filings. The transaction represents one of the largest single insider sales by the company’s founder in the past decade.
Prior insider sales by Bezos have typically ranged in the low billions, with the last notable disposal occurring in 2021. The move follows a period of mixed performance for AMZN, which has seen volatility amid broader tech sector rotation.
Markets have yet to react significantly to the news, with AMZN shares trading near flat in after-hours activity.