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Amazon's founder Bezos sells new $2B batch of shares

Published 2024-02-13, 04:54 p/m
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Amazon's founder (NASDAQ:AMZN) Jeff Bezos continues selling some of his shares in the e-commerce giant, having disposed of additional $2B+ worth of stock, according to the latest filing with the SEC.

In a filing dated February 9th, AMZN former CEO disclosed aggregate sales of 11,997,698 shares, across 9 different transactions with an aggregate value of $2.08B.

The news follows a similar move reported late last week: in a filing dated February 7th, Bezos disclosed he had sold the same number of shares in 5 tranches, for total proceeds of around $2.04B. In a separate filing at the time, he announced a proposed sales of up to 50M Amazon shares over the next 12 months.

He remains the company's top shareholders with a position of 964M shares, following the current sale.

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