Summary by Moomoo AI
NVIDIA Corp director Tench Coxe plans to sell 1,000,000 shares of common stock on 12/16/2024, with an estimated market value of $134.25 million. The shares were originally acquired through option exercise on 07/31/1997.This transaction follows recent sales by Coxe, who sold a total of 2,000,000 shares in the past three months, generating gross proceeds of $235.65 million. These previous sales occurred on 09/19/2024 and 09/20/2024, each involving 1,000,000 shares.The planned sale represents a significant transaction for the NVIDIA director, continuing a pattern of large-scale stock disposals. Investors may want to monitor for any potential impact on NVIDIA's stock price or market perception following this insider selling activity.
