Amazon.com Inc. (NASDAQ:AMZN) executive chair Jeff Bezos has sold off a significant chunk of his Amazon shares, according to a filing with the U.S. Securities and Exchange Commission.
What Happened: Bezos recently divested 1.07 million shares of Amazon stock at $200.07 per share, raking in approximately $213.8 million. As per the SEC filing on Tuesday, this transaction leaves Bezos with 926.41 million shares of the e-commerce giant.
Bezos isn’t the only Amazon insider to have sold shares recently. Director Jonathan Rubinstein also offloaded $1 million worth of shares, while Douglas Herrington, CEO of Worldwide Amazon Stores, sold $696,360 worth of Amazon shares.
Read Full Article Here
Jeff Bezos Sells $214M Worth Of Amazon Shares In Latest Stock Move, Here's How Much He Still Owns
- by: Kaustubh Bagalkote
- 11.06.24
- Source:
Yahoo Finance
- 11/14/2024
Jeff Bezos by Grant Miller is licensed under flickr
Jeff Bezos by Grant Miller is licensed under flickr
Follow us
Read our latest news on any of these social networks!
Get latest news delivered daily!
We will send you breaking news right to your inbox
Have a tip? Let us know!
Recent Articles
- Source:
News Max
- 03/13/2025
ICE: US Immigration Detention Maxed at 47.6K Detainees
U.S. immigration detention is filled to capacity at 47,600 detainees, a senior U.S. Immigration and Customs Enforcement official said on a call with reporters on Wednesday, adding that the Trump administration was seeking more bed space.
- Source:
The New Indian Express
- 03/13/2025
Yearly HIV prevention injection 'Lenacapavir' shows promise in clinical trial
Pain at the injection site was the most common adverse event, which was generally mild, resolved within one week.
- by: AAMER MADHANI
- Source:
AP News
- 03/13/2025
Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tariff
President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.
- by: Danielle de Wolfe
- Source:
LBC
- 03/12/2025
Europe retaliates against Trump tariffs - as UK steel industry warns US levies 'couldn't come at a worse time'
The tariffs, which see a 25% levy applied to international imports of steel and aluminium, came into effect at midnight on Tuesday (around 4am GMT), with British steel and aluminium industries bracing for the impact.