Amazon’s $3 Trillion Record Lasts One Day as Stock Takes Big Hit

NewsTue, 04 Aug 2026 17:06:08 UTC3 hours ago
Amazon’s $3 Trillion Record Lasts One Day as Stock Takes Big Hit

Jeff Bezos wants to sell 15 million Amazon shares. The price tag is about $4.07 billion. Amazon.com Inc. (AMZN) fell more than 2% on Tuesday.

The timing stands out. Amazon had just closed at a record and passed $3 trillion in value for the first time.

Bezos Amazon Stock Sale Was Priced Before the Record

Bezos filed a Form 144. That is the notice an insider files before selling restricted shares.

The notice puts the total value at $4,073,700,000. Divide that by 15 million shares and you get $271.58 each. That was Friday's closing price, not Monday's.

Amazon then rose 4.58% on Monday and closed at $284.02, an all-time high. It touched $287.20 during the day.

At Monday's close, the same shares were worth roughly $4.26 billion. Bezos priced his sale before the record, not after it.

Morgan Stanley Smith Barney will handle the trades on Nasdaq. Bezos received the shares as founder stock in July 1994.

The sales follow a Rule 10b5-1 plan he set up on November 14, 2025. These plans lock in trades months ahead. That shields insiders from claims they traded on private information.

… Continue reading the full article at the original source below.

Read from Source · beincrypto.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (beincrypto.com).

Related