Three top Amazon execs sell nearly 9,000 shares, but Bezos way out ahead

The trades were all on Monday, according to a series of Securities and Exchange Commission filings this afternoon, after stock markets closed. They were:

But their sales were dwarfed by the 1 million shares founder and CEO Jeff Bezos sold Aug. 2 for $757 million, his SEC filing showed. That brought to $1.4 billion his total sales in the past three months, according to GeekWire. But he still owned 80.9 million shares after that big trade, worth $62 billion.

Jeff Bezos

Bezos’s SEC filing said the most recent sale was made under a Rule 10b5-1 trading plan, which allows company insiders to sell a predetermined amount of stock at a set time, to avoid the appearance of insider trading.

The retailer’s AMZN shares closed today at $764.63, up 59 cents. The three executives sold for prices ranging from $768 to $771.

Amazonpays its top executives far more in stock than cash. See how much they got paid last year and in 2014 in Boulevard’s highest-paid executives databases.

You may post a comment anonymously simply by leaving all the fields blank. But please: no personal attacks.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s