NVIDIA Corporation's President and CEO, HUANG JEN HSUN, is set to sell 120,000 shares of common stock on 08/01/2024, as per the latest filing. The shares, valued at an aggregate market value of $13,564,683, were originally acquired on 12/13/2022 as equity compensation in the form of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) from NVIDIA CORPORATION. This planned sale follows a series of transactions over the past three months, where a total of 3,960,000 shares were sold by the executive.
Shroomie : no lol
123456FEDCBA : 120k shares hardly make a dent
Avengers 2023 OP 123456FEDCBA : Don't forget he sell 120,000 shares each time add up quite substantial.
104934302 : sell 5% of his share so he can bring down 95% of his wealth. Make it make sense
6554 : did he say what is the reason of selling?
Avengers 2023 OP 6554 : He just exercise his shares options as CEO. He didn't mentioned anything. But this is an going thing. He will con't sell his shares and the rest of directors.
Avengers 2023 OP 104934302 : Yes but he 5% cash richer.