Nvidia CEO Jensen Huang Initiates Pre-Arranged Stock Sales Under $865M Plan
Jensen Huang, CEO of Nvidia Corp., has commenced selling shares under a pre-established Rule 10b5-1 trading plan, marking his first transactions in a disposal scheme potentially worth $865 million by 2025. Regulatory filings reveal Huang sold 100,000 shares across two batches, netting $14.4 million, with another 50,000 shares slated for sale.
The 10b5-1 mechanism enables corporate insiders to schedule share disposals at predetermined intervals, insulating them from insider trading allegations. Nvidia's proactive disclosure underscores the transactions' premeditated nature, distancing them from contemporaneous market developments.
Huang's plan authorizes the sale of up to 6 million shares through December 2025. The structured divestment reflects prudent corporate governance while maintaining investor confidence during a period of heightened scrutiny on executive trading activity.