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Amazon CEO Sells Millions of Dollars Worth of Company Stock

Guavy AI Editorial Team
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AMZN
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Amazon.com (NASDAQ:AMZN) CEO Matthew Garman sold 14,541 shares of company stock on August 21st. The sale occurred at an average price of $259.06 per share, totaling $3,766,991.46 in value.

This transaction reduced Garman's ownership stake in the company by 44.97%. Following the sale, he directly owned 17,794 shares in Amazon.com.

The trade was executed under a pre-arranged Rule 10b5-1 trading plan and disclosed to the SEC through a filing on August 21st.

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