Jeff Bezos has completed the sale of 25 million Amazon.com Inc. shares, totaling about US$5.7 billion since late June.

These transactions were part of a pre-arranged 10b5-1 trading plan set earlier this year.

The final sale of 4.2 million shares on July 23 and 24 brought in US$954 million, according to filings with the SEC.

Amazon’s stock has risen 38% since its April low and the company is set to report earnings next week.

Despite the sales, Bezos remains Amazon’s third-largest shareholder, holding about 884 million shares, or over 8% of the company.

His net worth stands at around US$252.3 billion, mostly from Amazon.

Recent Amazon developments