TLDR
- Jensen Huang sold 100,000 Nvidia shares worth $14.4 million over two days in June under his $865 million trading plan
- Board director Mark Stevens disposed of 608,248 shares for $88.36 million on June 18
- Huang’s pre-arranged plan allows him to sell up to 6 million shares by year-end
- Stevens has already sold over 2 million shares from his proposal to dispose of up to 4 million shares
- Both executives are cashing in while Nvidia trades near its 52-week high of $153.13
Nvidia executives are taking profits as the AI chipmaker trades near record highs. CEO Jensen Huang and board director Mark Stevens have both executed large stock sales this month.
Huang sold 100,000 shares between June 20 and June 23. The transactions netted him $14.4 million according to SEC filings.
Nvidia Insider Trading Alert 🚨
CEO Jensen Huang sells $20.2 million worth of $NVDA shares pic.twitter.com/FCqVxlXYHa
— Barchart (@Barchart) June 24, 2025
These sales mark Huang’s first transactions under a new trading plan. The plan was adopted in March and disclosed in Nvidia’s quarterly report last month.
The CEO’s 10b5-1 plan gives him flexibility to sell throughout the year. He can dispose of up to 6 million shares by December 31.
At Monday’s closing price of $144.17, those 6 million shares would be worth $865 million. Another filing shows Huang plans to sell an additional 50,000 shares soon.
Huang ranks as the world’s 12th richest person with a $126 billion fortune. His wealth comes almost entirely from Nvidia shares according to Bloomberg’s Billionaires Index.
The CEO isn’t new to stock sales. He has already sold more than $1.9 billion worth of Nvidia shares over time.
Board Director’s Bigger Sale
Stevens made an even larger transaction on June 18. The board director sold 608,248 shares for approximately $88.36 million.
His shares were sold at prices between $144.70 and $145.515. The timing puts his sale near Nvidia’s 52-week high of $153.13.
Stevens still holds substantial positions in the company. He directly owns 11.5 million shares after the sale.
He also controls shares through two trusts. The Third Millennium Trust holds 8.2 million shares while the Envy Trust contains 16.1 million shares.
Stevens has been more active in selling than Huang recently. He filed a proposal earlier in June to dispose of up to 4 million shares.
The board director has already sold over 2 million shares from that proposal. Unlike other executives, Stevens doesn’t use a 10b5-1 trading plan.
Trading Plans and Market Timing
Both executives are using different approaches to their sales. Huang relies on a pre-arranged 10b5-1 plan that provides legal protection.
These plans are common among billionaires and executives. They allow insiders to sell stock without raising concerns about market timing.
Stevens operates without such a plan but still follows proper disclosure requirements. His net worth stands at $9.8 billion according to Bloomberg’s wealth index.
The sales come as Nvidia maintains strong financial health ratings. The company currently carries a $3.51 trillion market valuation.
Nvidia didn’t respond to requests for comment about the executive sales outside normal business hours. The transactions occurred as the stock trades near recent peaks.
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