Nvidia CEO begins stock sales under $865M plan
The post Nvidia CEO begins stock sales under $865M plan appeared on BitcoinEthereumNews.com. Jensen Huang, CEO of Nvidia Corp., has begun selling his shares under a pre-arranged plan. This marks his first transactions in a disposal scheme that could total $865 million by the end of 2025. According to US Securities and Exchange Commission filings, Huang sold 100,000 shares in two batches, earning $14.4 million. These are his first sales under a Rule 10b5- 1 trading plan he set up in March 2025 and revealed in Nvidia’s latest quarterly report. Jensen Huang sells shares through a pre-set stock plan Nvidia CEO Jensen Huang is selling company shares under a Rule 10b5-1 trading plan. This system allows executives to sell stock at predetermined times, even if they possess confidential or market-sensitive information. The plan prevents accusations of insider trading and assures the public that the sale isn’t based on private knowledge by removing the executive’s control over the timing of the sales. Nvidia publicly disclosed it, thus proving to investors that these transactions were scheduled in advance and not influenced by current market conditions or company developments. Huang filed documents with the US Securities and Exchange Commission that show he sold 100,000 shares over June 20 and June 23 and brought in about $14.4 million. He submitted a second filing around the same time, showing he plans to sell another 50,000 shares. The 10b5-1 plan allows Huang to sell up to 6 million shares by December 31, 2025, worth around $865 million if fully sold based on Nvidia’s closing stock price of $144.17 on the Monday before the filing. This plan could reduce any potential disruptions to the stock’s value and give the market time to absorb the transactions gradually by spreading the sales over time. Huang is deeply committed to Nvidia’s long-term success and growth. The shares he wants to sell under this…
The post Nvidia CEO begins stock sales under $865M plan appeared on BitcoinEthereumNews.com.
Jensen Huang, CEO of Nvidia Corp., has begun selling his shares under a pre-arranged plan. This marks his first transactions in a disposal scheme that could total $865 million by the end of 2025. According to US Securities and Exchange Commission filings, Huang sold 100,000 shares in two batches, earning $14.4 million. These are his first sales under a Rule 10b5- 1 trading plan he set up in March 2025 and revealed in Nvidia’s latest quarterly report. Jensen Huang sells shares through a pre-set stock plan Nvidia CEO Jensen Huang is selling company shares under a Rule 10b5-1 trading plan. This system allows executives to sell stock at predetermined times, even if they possess confidential or market-sensitive information. The plan prevents accusations of insider trading and assures the public that the sale isn’t based on private knowledge by removing the executive’s control over the timing of the sales. Nvidia publicly disclosed it, thus proving to investors that these transactions were scheduled in advance and not influenced by current market conditions or company developments. Huang filed documents with the US Securities and Exchange Commission that show he sold 100,000 shares over June 20 and June 23 and brought in about $14.4 million. He submitted a second filing around the same time, showing he plans to sell another 50,000 shares. The 10b5-1 plan allows Huang to sell up to 6 million shares by December 31, 2025, worth around $865 million if fully sold based on Nvidia’s closing stock price of $144.17 on the Monday before the filing. This plan could reduce any potential disruptions to the stock’s value and give the market time to absorb the transactions gradually by spreading the sales over time. Huang is deeply committed to Nvidia’s long-term success and growth. The shares he wants to sell under this…
What's Your Reaction?
