Bezos sells Amazon (AMZN.US) stock for the first time this year, cashing out $737 million.
Wisdom Financial APP learned that Jeff Bezos recently sold 3.3 million shares of Amazon (AMZN.US) stock, cashing out $7.367 billion. This sale is part of Bezos' 10b5-1 trading plan submitted in March, which allows for the sale of up to 25 million shares of Amazon stock. Since then, with the general rise in the U.S. stock market, Amazon's stock price has risen by over 8%.
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