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Amazon shares fall after tech giant crossed the $3 trillion market-cap, analysts link it to Jeff Bezos plan to sell 15 million Amazon shares, here's what filing shows

Times of India Published Aug 4, 2026 Reviewed Aug 4, 2026 ✓ Reviewed by citations.press editors
Amazon shares fall after tech giant crossed the $3 trillion market-cap, analysts link it to Jeff Bezos plan to sell 15 million Amazon shares, here's what filing shows
Amazon shares closed more than 4.5% higher on August 3 after briefly crossing the $3 trillion market‑cap threshold.
more than 4.5 % · Amazon shares
Amazon shares slipped about 1% in overnight trading after a regulatory filing revealed Jeff Bezos plans to sell 15 million shares valued at $4.07 billion.
about 1 % · Amazon shares
If completed, Jeff Bezos’ stake would fall from 884 million shares to 869 million shares, representing about 8.1% of Amazon’s 10.79 billion outstanding shares.
884 million shares · Bezos stake869 million shares · Bezos stakeabout 8.1 % · Bezos stake
Jeff Bezos’ remaining stake would still be worth around $244 billion at current prices.
about 244 $billion · Bezos remaining stake
Jeff Bezos recently sold 25 million shares for $5.7 billion between late June and late July.
25 million shares · Bezos shares sold5.7 $billion · Bezos shares sold value
Since 2002, Jeff Bezos has unloaded about $50 billion in Amazon stock.
about 50 $billion · Bezos stock sold
Blue Origin is reportedly seeking $10 billion in outside funding at a $130 billion valuation.
10 $billion · Blue Origin funding130 $billion · Blue Origin valuation
Jeff Bezos plans to sell up to 25 million shares through a Rule 10b5‑1 trading plan that ends on May 29, 2026.
25 million shares · Bezos shares planned sale
Jeff Bezos has previously sold $13.4 billion of Amazon stock in 2024.
13.4 $billion · Bezos shares sold
With the planned sell‑off revealed, Jeff Bezos will now own less than 9% of Amazon.
less than 9 % · Bezos ownership
Jeff Bezos’ remaining shares are worth about $170 billion in the $2 trillion Amazon company.
about 170 $billion · Bezos remaining shares value
Amazon’s second‑quarter revenue rose 20% to $200.61 billion.
20 % · Amazon revenue200.61 $billion · Amazon revenue
Amazon’s operating income jumped 43% to $27.5 billion in Q2.
43 % · Amazon operating income27.5 $billion · Amazon operating income
AWS revenue surged 36.7% to $42.2 billion in Q2.
36.7 % · AWS revenue42.2 $billion · AWS revenue
AWS generated $16.6 billion in operating income, accounting for 61% of Amazon’s companywide profits.
16.6 $billion · AWS operating income61 % · AWS operating income share

Amazon briefly crossed the $3 trillion market-cap threshold on August 3, closing more than 4.5% higher at a record price. But in overnight trading, the shares slipped about 1% after a regulatory filing revealed founder Jeff Bezos plans to sell 15 million shares valued at $4.07 billion. The timing cooled investor enthusiasm just hours after the historic rally.

According to a report by Stocktwits, the filling listed August 3 as the approximate sale date. The shares were acquired as founder stock in July 1994 and will be sold under a Rule 10b5-1 trading plan adopted in November 2025. If completed, Bezos’ stake would fall from 884 million shares to 869 million, or about 8.1% of Amazon’s 10.79 billion outstanding shares.

His remaining stake would still be worth around $244 billion at current prices.What is 10b5-1 trading plan under which Amazon founder Jeff Bezos sold sharesRule 10b5-1 is a regulation from the US SEC that lets insiders at public companies set up a plan to sell their shares ahead of time. Under this rule, major shareholders can schedule the sale of a fixed number of shares at a set time, helping them avoid accusations of insider trading.

Many company executives use 10b5-1 plans for this reason. The rule was introduced to clarify Rule 10b-5, part of the Securities Exchange Act of 1934, which is the main law used to investigate securities fraud.Previous sales and investments made by Jeff BezosBezos recently sold 25 million shares for $5.7 billion between late June and late July.

Since 2002, he has unloaded about $50 billion in Amazon stock, often directing proceeds toward Blue Origin and AI ventures through Bezos Expeditions. Blue Origin is rebuilding its Cape Canaveral launchpad after a rocket explosion and is reportedly seeking $10 billion in outside funding at a $130 billion valuation.As revealed in a regulatory filing, the former CEO plans to sell up to 25m shares through trading plan "intended to satisfy Rule 10b5-1(c)" that ends on May 29, 2026.

Bezos has previously sold $13.4bn of Amazon stock in 2024. With the planned sell off revealed in the regulatory filing, he will now own less than 9% of the e-commerce business. Despite this, Bezos' remaining shares are worth about $170 billion in the $2 trillion company.Amazon reports second-quarter earningsThe filing followed Amazon’s Q2 earnings beat, which reignited investor enthusiasm.

Revenue rose 20% to $200.61 billion, operating income jumped 43% to $27.5 billion, and AWS revenue surged 36.7% to $42.2 billion, its strongest growth since 2021. AWS generated $16.6 billion in operating income, accounting for 61% of companywide profits.Get the latest technology news and updates. Download the TOI App.

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