Summary by Moomoo AI
The Bezos Earth Fund Foundation, a nonprofit founded by Jeffrey P. Bezos, plans to sell 70,806 shares of Amazon common stock on 11/21/2024. The shares were acquired as a gift from Jeffrey P. Bezos on 11/20/2024. The total market value of the shares to be sold is approximately $14.08 million.In the past 3 months, the foundation has sold a total of 16,354,620 Amazon shares, generating gross proceeds of approximately $3.38 billion. Recent sales include 3,043,582 shares on 11/13/2024 and 2,996,362 shares on 11/12/2024. These transactions reflect the foundation's ongoing strategy to manage its holdings in Amazon stock.