Nvidia CEO Jensen Huang Sells $15 Million in Stock, Kicking Off $873 Million Pre-Planned Share Sale

As Nvidia rides AI-driven market dominance, Huang begins phased divestment of 600,000 shares while still holding over 800 million shares in the company. Nvidia CEO and co-founder Jensen Huang has initiated the first phase of a pre-announced stock sale plan, selling 100,000 shares worth nearly $15 million, according to a filing with the U.S. Securities and Exchange Commission (SEC). The transactions took place last Friday and Monday and are part of a broader plan disclosed in March 2024, under which Huang intends to sell up to 600,000 Nvidia shares by the end of 2025—a total that could be valued at … Continue reading Nvidia CEO Jensen Huang Sells $15 Million in Stock, Kicking Off $873 Million Pre-Planned Share Sale