Nvidia CEO Jensen Huang, 62, has begun selling Nvidia shares under a new trading plan that allows him to dispose of up to $865 million worth of stock by the end of the year.<\/p>\n
According to a Monday filing<\/a> with the Securities and Exchange Commission, Huang offloaded 100,000 Nvidia shares, worth $14.4 million, between Friday and Monday, his first sale of the year<\/a>. Another filing<\/a> shows that Huang sold another 50,000 shares on Monday, valued at over $7 million.<\/p>\n The transactions fall under a new 10b5-1 plan adopted on March 20 and disclosed last month in Nvidia’s quarterly report<\/a>. The plan allows Huang to sell six million shares in total by December 31, which would equal $865 million worth of shares at Monday’s closing price of $144.17.<\/p>\n Related:<\/b> ‘The Decade of Autonomous Vehicles’: Nvidia CEO Predicts Major Growth in Robotics, Self-Driving Cars<\/a><\/p>\n Nvidia’s quarterly report also revealed that the company’s Chief Financial Officer, Colette M. Kress, and its Director, A. Brooke Seawell, also adopted 10b5-1 plans in March. Kress has the option to sell 500,000 Nvidia shares by March 24, 2026, and Seawell can sell over 1.1 million shares by July 31.<\/p>\n Huang’s trading plan gives him and other executives the option to cash in on stock on a pre-arranged plan. Huang has sold more than $1.9 billion in Nvidia shares to date, per Bloomberg<\/i><\/a>.<\/p>\n Huang is the 12th richest person in the world, according to the Bloomberg Billionaires Index<\/a>, with a net worth of $126 billion at the time of writing. Most of his fortune, or about $124 billion worth, consists of Nvidia shares, and the rest is cash. Huang, who co-founded Nvidia in 1993 and has been leading it ever since<\/a>, owns about 3.5% of the AI chipmaker as of March<\/a>.<\/p>\n Related: <\/b>How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: ‘One of the Most Remarkable Business Pivots in History’<\/a><\/p>\n Nvidia recently reported<\/a> strong earnings. For the first quarter of fiscal year 2026, ending April 27, the AI giant reported revenue of $44.1 billion, up 12% from the previous quarter and up 69% from the same period last year. Nvidia expects revenue to be even higher for the second quarter of 2026, predicting $45 billion.<\/p>\n Nvidia shares have been climbing for the past month and are up over 8%<\/a>. The company is the No. 2 most valuable in the world, with a market capitalization<\/a> of $3.58 trillion, second to Microsoft.<\/p>\n<\/div>\n Nvidia CEO Jensen Huang, 62, has begun selling Nvidia shares under a new trading plan that allows him to dispose of up to $865 million worth of stock by the end of the year.<\/p>\n According to a Monday filing<\/a> with the Securities and Exchange Commission, Huang offloaded 100,000 Nvidia shares, worth $14.4 million, between Friday and Monday, his first sale of the year<\/a>. Another filing<\/a> shows that Huang sold another 50,000 shares on Monday, valued at over $7 million.<\/p>\n The transactions fall under a new 10b5-1 plan adopted on March 20 and disclosed last month in Nvidia’s quarterly report<\/a>. The plan allows Huang to sell six million shares in total by December 31, which would equal $865 million worth of shares at Monday’s closing price of $144.17.<\/p>\n<\/div>\n![\"\"](\"https:\/\/assets.entrepreneur.com\/images\/misc\/1750784023_Stock-Jensen-Huang-GettyImages-2219674057.jpg?width=1000\")
Nvidia co-founder and CEO Jensen Huang. Photo by Chesnot\/Getty Images<\/i><\/sup><\/p>\n