A string of highprofile CEOs, founders, and heirs are selling a massive amount of stocks at their own companies lately. Most of them were at alltime high prices.

Amazon founder Jeff Bezos quickly cashed out $8.5 billion in 9 trading days. Jamie Dimon, chairman and CEO of JPMorgan Chase made his first cashout since taking the job 18 years ago and sold $150 million in stock. Around the same time, Leon Black, cofounder and former CEO of Apollo Global Management also shed a firsttime stock sale, for $172.8 million. Mark Zuckerberg also unloaded about 1.4 million shares of Meta stock through dozens of trades since the beginning of February, worth roughly $638 million.

One reason is that wealthy stakeholders might be restructuring their holdings as part of the plan for retirement and inheritance.

However, it is worth emphasizing that the cashouts by Bezos, Zuckerberg, and Dimon's sales only represent small fractions of their stakes, which is very important in signaling their longterm confidence and commitment to their companies.

00:00 CEOs Selling Stocks
01:03 Stocks Going Up
01:44 Retirement Plans
02:03 LongTerm Game

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