Bezos Discloses Plan to Sell Up to 25 Million Amazon Shares (1)

Jeff Bezos plans to sell as many as 25 million shares of Amazon.com Inc. over the next 13 months, potentially cashing out as the world’s largest online retailer grapples with uncertainty over tariffs.

Bezos adopted what’s known as a 10b5-1 trading plan on March 4, which entitles the Amazon co-founder to sell until May 29, 2026, according to a Friday filing. At Friday’s share price, the total value would be about $4.8 billion.

Jeff Bezos

Photographer: Kenny Holston/The New York Times/Bloomberg

Amazon declined to comment beyond the filing.

Amazon expects operating profit in the current quarter to be weaker than Wall Street anticipated, the company said ...