Three other members of the company’s board of directors plan to sell a combined 18,865 shares, worth about $3.5 million as of Friday morning.

Amazon founder Jeff Bezos will sell shares of the company worth approximately $4.67 billion over the next year, according to the latest SEC filing. The regulatory filing showed that Bezos adopted a trading plan to sell up to 25 million shares of Amazon over a period ending on May 29,

Amazon founder Jeff Bezos is planning on selling 25 million shares in the tech giant over the next year, according to a regulatory filing on Friday. Those shares, based on Friday's opening share price of $191.