Nvidia Corp (NASDAQ:NVDA, ETR:NVD) chief executive Jensen Huang has started selling company shares under a trading plan that could see him offload up to $865 million by the end of 2025.
Regulatory filings show Huang sold 100,000 shares for $14.4 million on 20 and 23 June. The disposals are part of a 10b5-1 plan adopted in March, allowing executives to sell stock on a schedule without market timing concerns.
Huang, whose $126 billion net worth is largely tied to Nvidia, could sell up to 6 million shares this year.
Fellow board member Mark Stevens has also been selling, unloading over 600,000 shares for $88 million last week.
Stevens, worth $9.8 billion, is not using a 10b5-1 plan and has already sold more than 2 million shares from a proposed 4 million.