Jeff Bezos sold nearly $350 million in Amazon.com Inc. stock on Monday as the company's shares reached an all-time high. The transaction was disclosed in a Form 4 regulatory filing with the U.S. Securities and Exchange Commission following Wednesday's trading close. The sale represents a portion of a larger planned disposition disclosed two days prior, in which Bezos outlined plans to unload up to 15 million shares valued at more than $4 billion. The divestment comes as Amazon recently joined an elite group of companies crossing the $3 trillion market capitalization threshold, driven by accelerated growth and strong quarterly revenue from its cloud-computing unit, Amazon Web Services.
SEC Filing Details and Transaction Scale
The Form 4 regulatory filing submitted to the SEC revealed the nearly $350 million stock sale following Wednesday's trading close. Two days before the filing, Bezos disclosed plans to sell up to 15 million shares valued at more than $4 billion. The transaction represents a small portion of this larger proposed disposition.
Amazon Market Performance Drives Sale Timing
Amazon stock has surged 17.6% this year, contributing to the timing of Bezos' sale at record share prices. The company recently crossed the $3 trillion market capitalization threshold, becoming the fifth corporation globally to reach this milestone. The growth was driven largely by strong quarterly revenue from Amazon Web Services, the company's cloud-computing unit. The stock surge pushed Bezos' total net worth up by $38.7 billion to an estimated $292 billion, according to the Bloomberg Billionaires Index. AMZN stock has gained 18% year-to-date.
Bezos Maintains Dominant Shareholder Position
Jeff Bezos remains Amazon's largest individual shareholder with an 8.16% stake valued at $245 billion. Bezos, 62, has accelerated his sales of Amazon stock in recent years, unloading more than $38 billion in shares since 2020 alone, according to Bloomberg. This contrasts with less than $10 billion sold between Amazon's 1997 initial public offering and 2020. Over the course of nine trading days in 2024, he sold more than $8.5 billion in stock.
Charitable Donations Accompany Stock Sales
According to regulatory filings, Bezos has donated Amazon shares worth more than $1 billion to charitable organizations since the start of 2025. These donations occurred alongside his stock sales during the same period.
FAQ
What did Jeff Bezos sell on Monday?
Jeff Bezos sold nearly $350 million in Amazon.com Inc. stock on Monday as the company's shares reached an all-time high. The transaction was disclosed in a Form 4 filing with the SEC following Wednesday's trading close.
How much Amazon stock does Jeff Bezos plan to sell in total?
Bezos disclosed plans to unload up to 15 million shares valued at more than $4 billion, according to a filing submitted two days before the $350 million sale was revealed.
What is Jeff Bezos' current stake in Amazon?
Jeff Bezos remains Amazon's largest individual shareholder with an 8.16% stake valued at $245 billion, despite selling more than $38 billion in shares since 2020.
