Nvidia's CEO, Jensen Huang, and other top executives have initiated sales of their company shares, potentially realising over $1 billion. Huang is set to sell 6 million shares before the end of 2025, with an estimated value of $865 million. This move is part of a pre-arranged trading plan under Rule 10b5-1, allowing corporate insiders to sell shares at predetermined times to avoid insider trading allegations and market disruption.
Chief Financial Officer Colette Kress also plans to sell 500,000 shares by March 2026. Board member Brooke Seawell intends to sell approximately 1.15 million shares by July 2025. Despite these sales, Huang will still hold over 900 million Nvidia shares, representing nearly 4% of the company. The share sales represent a small portion of their total holdings.
Nvidia's stock has surged due to high demand for its AI processors, making it a leading firm on Wall Street. Huang has expressed confidence in Nvidia's AI focus, signalling continued growth in the sector.
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