Bezos, who stepped down as CEO in 2021 but remains Amazon’s top shareholder, is selling the shares as part of a trading plan adopted on March 4, the filing states.

Jeff Bezos filed with the SEC to sell up to 25 million shares of Amazon stock, worth $4.8 billion. He would still own 885 million shares.

Jeff Bezos plans to sell as many as 25 million shares of Amazon.com Inc. over the next 13 months, potentially cashing out as the world’s largest online retailer grapples with uncertainty over tariffs.