62 -year -old Nvidia CEO Jensen Huang has started selling NVDia shares under a new trading plan, allowing them to settle stocks worth $ 865 million by the end of the year.
according to a Monday filing With the Securities and Exchange Commission, Huang brought the price of 100,000 Nvidia shares at a distance of $ 14.4 million between Friday and Monday. First sale of yearAnother Admission Shows Huang sold another 50,000 shares on Monday, which cost more than $ 7 million.
The transaction comes under the new 10B5-1 scheme adopted on March 20 and has been revealed in NVIDIA last month. Quarterly reportThe scheme allows Huang to sell a total of six million shares by 31 December, which will be equal to shares worth $ 865 million at the closing price of $ 144.17 on Monday.
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NVDia’s quarterly report has also revealed that the company’s Chief Financial Officer, Cell M. Cress and its director A. Brook Cowvel also adopted 10B5–1 schemes in March. Kress has an option to sell 500,000 NVIDIA shares by March 24, 2026, and Cvel can sell more than 1.1 million shares by July 31.
Huang’s trading plan gives him and other officials the option to cash in stock on a pre-maintained plan. Huang has sold more than $ 1.9 billion in Nvidia shares till date Bloomberg,
Jensen Huang, co-founder and CEO of Nvidia. Photo by Chesanot/Getty Image
Huang is the 12th richest person in the world, according to Bloomberg Billion Ayers IndexWith a total assets of $ 126 billion at the time of writing. Most of his fate, or about $ 124 billion worth, consists of shares of Nvidia, and the rest is cash. Huang, who has co-established NVIDIA in 1993 Leading it sinceAI is owned by about 3.5% of chipmaker March,
Connected: How NVIDIA CEO Jensen Huang converted a graphics card company into an AI veteran: ‘One of the most notable business pivotes in history’
Recently NVIDIA Informed Strong earnings. For the first quarter of the financial year 2026, ending on 27 April, AI veteran reported a revenue of $ 44.1 billion, 12% from the previous quarter and 69% from the same period last year. Nvidia hopes that the revenue for the second quarter of 2026 will be even higher, which predicts $ 45 billion.
NVIDIA shares have been climbing for the last one month and are More than 8%The company is the number 2 most valuable in the world, with one Market capitalization $ 3.58 trillion, second for Microsoft.
62 -year -old Nvidia CEO Jensen Huang has started selling NVDia shares under a new trading plan, allowing them to settle stocks worth $ 865 million by the end of the year.
according to a Monday filing With the Securities and Exchange Commission, Huang brought the price of 100,000 Nvidia shares at a distance of $ 14.4 million between Friday and Monday. First sale of yearAnother Admission Shows Huang sold another 50,000 shares on Monday, which cost more than $ 7 million.
The transaction comes under the new 10B5-1 scheme adopted on March 20 and has been revealed in NVIDIA last month. Quarterly reportThe scheme allows Huang to sell a total of six million shares by 31 December, which will be equal to shares worth $ 865 million at the closing price of $ 144.17 on Monday.
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