Summary by Futu AI
Jeffrey P. Bezos, Executive Chair of Amazon (AMZN), has completed a series of stock gifting transactions, according to a recent filing. Over two consecutive days, Bezos disposed of a total of 1,098,686 shares of Amazon common stock, valued at $0.01 per share, as bona fide gifts. On May 29, 2024, he gifted 431,426 shares, followed by 667,260 shares on May 30, 2024. After these transactions, Bezos directly holds 936,675,279 shares of Amazon. The transactions were reported as completed and were executed directly by Bezos.