Amazon-Affiliated Nonprofit Plans $59.2M Stock Sale
AMAZON COM INC
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Filing Summary
Day 1 Academies, a nonprofit founded by Jeff Bezos, filed a notice of proposed sale for 230,637 shares of Amazon ($AMZN) stock, valued at approximately $59.2 million. The shares were received as a gift from Bezos to fund the organization's activities.
Comprehensive Analysis
Day 1 Academies Inc., a nonprofit organization founded by Amazon's founder Jeffrey P. Bezos, has filed a Form 144 indicating its intent to sell 230,637 shares of Amazon.com, Inc. common stock. The proposed sale has an aggregate market value of approximately $59.17 million.
The filing states that the shares were acquired by the nonprofit on August 26, 2026, as a gift from Mr. Bezos. The sale is intended to liquidate these gifted securities, a common practice for charitable organizations to convert stock donations into cash for operational funding. The approximate date for the sale is August 27, 2026. This transaction is part of broader philanthropic activities by Mr. Bezos, as the filing also references other recent contributions to non-profit organizations.
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