Jeff Bezos Offloads Share Worth $1.5 Billion In Amazon After Marriage, Plans To Sell More Shares
New Delhi: Amazon founder Jeff Bezos recently sold 6.6 million Amazon shares, worth about USD 1.5 billion, just before the company’s second-quarter earnings report. He made this sale using a special plan called a Rule 10b5-1 trading plan. A Rule 10b5-1 plan is a legal arrangement that lets insiders at public companies—like major shareholders or…