All articles tagged with #trading plan
JPMorgan CEO Jamie Dimon sold $150 million in company stock through a trading plan, raising questions about the timing and potential triggers for the sales. Other JPMorgan insiders also sold stock through similar plans. Analysts note that Dimon's selling behavior, especially considering his previous buying track record, raises cautionary signals, while the company declined to comment beyond the initial filing.
Jeff Bezos has sold nearly 36 million shares of Amazon stock worth $6.15 billion in three separate sales this month, part of a trading plan allowing for the sale of up to 50 million shares by January 2023. The sales come amid Bezos' busy year, including plans to relocate to Miami with fiancée Lauren Sanchez and potential tax savings on stock sales in Florida compared to Washington.
Jeff Bezos, the executive chair of Amazon, plans to sell up to 50 million shares of the company over the next year, as indicated in a filing with the SEC. This move comes as part of a prearranged trading plan adopted in November, and seven other high-ranking Amazon insiders also have similar plans. Bezos currently owns nearly one billion shares of Amazon stock, which make up a significant portion of his personal fortune. The company's stock price has been on the rise, and Bezos has been at the helm of Amazon as its executive chair since July 2021.