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What's 10b5-1 rule under which Bezos sold ₹13,000cr Amazon shares?
short by Dharini Mudgal / on 27 Jul 2025,Sunday
Billionaire Jeff Bezos recently sold Amazon's 6.6 million shares worth $1.5 billion (about ₹13,000 crore). The sale was executed under a prearranged trading plan called Rule 10b5-1. This regulation from US SEC permits insiders at public companies to set up a plan for selling their shares in advance, NewsBytes reported. These plans provide affirmative defence against insider trading allegations.
short by Dharini Mudgal / 04:48 pm on 27 Jul
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