June 24 – Nvidia (NVDA, Financial) CEO Jensen Huang has begun unloading shares as part of a preset strategy that could see up to $865 million worth sold by year-end.
The executive offloaded 100,000 shares in two batches, completed on June 20 and June 23, bringing in roughly $14.5 million before costs. These moves mark the initial steps in a broader plan approved earlier this year that outlines sales of up to 6 million shares.
Despite the transactions, Huang remains Nvidia's largest individual stakeholder, holding 859 million shares, an estimated 4% of the company's total float.
The sale represents less than 1% of his position, indicating the action is more likely a part of personal portfolio management rather than a shift in outlook on Nvidia's future.
Nvidia stock has surged more than 22% over the past 12 months, as demand for its AI chips and data center products has accelerated.
Executives selling shares can raise questions, but given the structured nature of the plan, it may not signal anything beyond timing around financial planning.
Huang's sales coincide with Nvidia's continued expansion across the AI sector.
