Amazon (AMZN) Executive Chair Jeff Bezos Sells 1.21M Shares

What Happened

• Jeff Bezos, Executive Chair and Director of Amazon.com, disposed of 1,209,649 shares on August 3, 2026 in an open-market sale for total proceeds of $346,453,514. The weighted-average sale price was $286.41 per share (high $287.00; low $286.04).

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (no late filing indicated).
• Shares sold: 1,209,649; Weighted-average price: $286.41; Total value: $346,453,514.
• Price range reported: high $287.00, low $286.04 (footnote: weighted average reported).
• Plan/authorization: Sale effected pursuant to a Rule 10b5-1 trading plan adopted 11/14/2025.
• Ownership note: Shares are held by certain trusts and a wholly owned LLC for which Bezos serves as trustee/manager; the reporting person disclaims beneficial ownership of these shares (per filing).
• Additional: The filer offers to provide, upon SEC/issuer/security holder request, full information on the number of shares transacted at each price. Exhibit includes a Power of Attorney.

Context

• This is a planned open-market sale under a pre-established 10b5-1 trading plan (common for scheduling insider sales). The filing does not, by itself, indicate management’s view of the company’s prospects. The Form 4 does not provide an updated post-transaction beneficial ownership total in the provided data.