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Amazon Stock: For the Second Time in Less Than a Year, Jeff Bezos Files To Sell Nearly $5 Billion in Shares
May 2, 2025
Amazon founder and billionaire Jeff Bezos has filed to sell nearly $5 billion in stock shares for the second time in less than a year.
On May 2, Amazon disclosed a 10b5-1 trading strategy for Bezos in its quarterly 10-Q report to the Securities and Exchange Commission. The plans aim to allay worries about insider trading by establishing a prearranged sales schedule that is automatically carried out when specific stock conditions are satisfied.
The 25 million shares and the May 29, 2026, expiration date for when they need to be sold were the only details of the trading plan that were revealed.
The anticipated sale occurs as Amazon navigates tariff uncertainty in a challenging climate. Despite this, the company’s advertising division is still booming, increasing 19% to $13.9 billion in the first quarter, according to CNBC.
Second Time in Less Than a Year That Jeff Bezos Sold Amazon Stock
In July 2024, Bezos announced that he was selling nearly $5 billion of stock in his company. The move followed his move from Washington state — where the company originated — to Miami, Florida, where his soon-to-be wife, Lauren Sanchez, calls home.
The July 2024 sale marked Bezos’s first sale of stock in the company since 2021. In total, Bezos unloaded more than 25 million shares of Amazon, which had a value of nearly $5 billion at that time. Ten months later, he has now filed to offload the same amount of stock for nearly the same price.
Although he resigned as CEO in 2021, Bezos remains the biggest shareholder. The most recent stock sale has not changed this status. With an estimated net worth of around $212 billion, Bezos is also the second richest person in the world.
Following the announcement that the company’s shares had risen by almost 30% last year, selling the equities followed expectations that the growing demand for artificial intelligence (AI) technology would boost sales in the company’s cloud computing division.
In June 2024, Amazon’s stock market valuation surpassed $2 trillion for the first time. That still falls short of other major tech firms with over $3 trillion in revenue, such as Apple, Microsoft, and Nvidia.
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