Summary by Moomoo AI
NVIDIA Corporation's President and CEO, HUANG JEN HSUN, is set to sell 120,000 shares of common stock on 08/07/2024, as announced by the company. The shares, valued at approximately $12,462,147, were originally acquired on 12/13/2022 as equity compensation in the form of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs). This planned sale is part of a trading plan adopted on 03/14/2024. The transaction follows a series of sales over the past three months, where a total of 4,440,000 NVIDIA shares were sold by the executive.