Bezos, who stepped down as CEO in 2021 but remains Amazon’s top shareholder, is selling the shares as part of a trading plan adopted on March 4, the filing states.

Jeff Bezos filed with the SEC to sell up to 25 million shares of Amazon stock, worth $4.8 billion. He would still own 885 million shares.

Jeff Bezos plans to sell up to 25 million Amazon shares by May 2026.The sale would be worth about $4.75 billion at Thursday's closing price.Bezos has done several other major sell-offs recently, including 50 million shares in February 2024.