NVIDIA CEO Jensen Huang Cashes Out $95 Million in Stock Over a Week

I. Details of the Sale
Timeframe: From June 13th to 21st
Shares Sold: A total of 720,000 NVIDIA shares were sold
Amount Cashed Out: Reaching a total of $94.6 million
Average Price: At an average price of $131.44 per share

II. Remaining Shares for Sale
Jensen Huang has the option to sell an additional 5.28 million NVIDIA shares by March 2025.

III. Huang's Stock Holdings
Personal Account: Holds 80.7 million shares
Trust Control: Controls 605 million shares through trusts
Partnership Holdings: Owns 49 million shares through partnerships
Other Trust Holdings: Holds an additional 132 million shares through other trust arrangements

IV. Adjustments to the Sale Plan
The original plan was to sell up to 600,000 shares, but due to the company's 10-for-1 stock split, the plan now covers 6 million shares.
So far, 720,000 shares have been sold, leaving 5.28 million shares to be sold until March 2025.

V. Other Executive Sales
NVIDIA's Chief Financial Officer Colette Kress and other executives have also sold shares, amounting to tens of millions of dollars.
Executives and directors have collectively sold approximately 770,000 shares, raising over $700 million (approximately RMB 5.1 billion).

VI. Background of the Sales
Huang's sale plan was announced in late March, as part of his executive compensation package.
This includes restricted stock units (RSUs) and performance stock units (PSUs), which are common practices for CEOs.

VII. The 10b5-1 Plan
To prevent insiders from using non-public information for unfair trading, the U.S. Securities and Exchange Commission (SEC) allows the establishment of "10b5-1 plans."
These plans must be set up before insiders become aware of any material non-public information, eliminating the suspicion of using such information for trading.
Once set, these plans automatically execute trades when certain conditions, such as share price and trading volume, are met.
Last September, Huang sold 237,500 NVIDIA shares through such a pre-set trading plan, raising 110 million, with an average price of 463.95 per share (before the stock split).