Jensen Huang Finally Wraps Up His Pre-Arranged NVIDIA Share Sale, Collecting Over $700M

According to regulatory filings, after nearly three months of selling, NVIDIA CEO Jensen Huang has finally completed his pre-arranged share sale plan, cashing out over $700 million.

In line with an executive share sale plan approved in mid-March this year, Huang planned to sell up to 6 million NVIDIA shares before the end of the first quarter of 2025. Such transaction plans are classified as 10b5-1, which allows insiders of companies to trade company stocks in a predetermined manner.

According to the latest regulatory filings, between June 13th and September 12th, Huang carried out selling operations over 50 trading days, selling 120,000 shares each time.

After the last sale on September 12th, Huang has already reached the upper limit of the 6 million share sale quota several months in advance.

NVIDIA's stock price seems to have been boosted by this news. On Tuesday, Eastern Time, NVIDIA's stock price rose by 3.97% at the close.

As the leader of the global artificial intelligence boom, NVIDIA's stock price has risen by more than 150% since the beginning of the year. Earlier this year, NVIDIA's market value once exceeded 3 trillion yuan, and its market dominance cannot be ignored. Its stock price fluctuations can even affect the broader market and investor sentiment.

However, since June, NVIDIA's stock price trend has become volatile and has experienced significant fluctuations over the past three months. In addition to the market's doubts about the future demand for NVIDIA's chips, Huang's continued selling is also one of the important factors affecting market confidence.

According to another document, after completing the sale, Huang now directly holds 75.4 million NVIDIA shares and holds an additional 786 million NVIDIA shares through various trusts and partnerships. In the company's latest proxy statement, Huang is listed as the company's largest individual shareholder.