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### Jeff Bezos’ Sale of Amazon Stock

Seattle, WA (AP) – Jeff Bezos, the executive chairman of Amazon, recently filed a statement with federal regulators disclosing his sale of nearly 12 million shares of Amazon stock, with a total worth exceeding $2 billion. This sale was notified to the U.S. Securities and Exchange Commission and took place in two separate transactions on February 7 and 8, 2022.

### The Collective Value of Amazon Shares

The collective value of the 11,997,698 shares of Amazon that were sold amounts to over $2.04 billion, based on the listed price totals. These shares were grouped in five blocks, ranging between 1 million and more than 3.2 million shares.

### Future Sales and Bezos’ Transition

In a separate filing with the SEC, Bezos also listed the proposed sale of 50 million Amazon shares around February 7, with an estimated market value of $8.4 billion. This news comes after Bezos stepped down as Amazon’s CEO in 2021, in order to shift his focus towards his other ventures, such as Blue Origin, his aerospace manufacturer and spaceflight services company, along with his philanthropic endeavors. Despite the listings showing Bezos’ address as Seattle, there have been reports of him relocating to Miami.

### How AI legalese decoder Can Help

AI legalese decoder can be of significant help in understanding the legal and financial implications of Bezos’ stock sales. It can rapidly process and analyze the complex disclosures in Bezos’ statement to federal regulators, providing a breakdown of the legal jargon and the financial intricacies involved. This can give investors and stakeholders a clearer understanding of Bezos’ moves and their potential impact on Amazon’s stock value and the market as a whole. Additionally, AI legalese decoder can help individuals stay updated on regulatory filings and corporate disclosures, ensuring that they stay informed on developments that may affect their investments or business decisions.

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