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Nvidia (NASDAQ: NVDA) CEO and President Jen-Hsun Huang has disclosed the sale of 431,611 company shares, valued at $49.8 million.
According to a regulatory filing with the U.S. Securities and Exchange Commission (SEC), the transaction carried out on March 19, 2025, was executed at $115.43 per share.
The sale was made to cover tax obligations related to the vesting of restricted stock units. Following this, Huang continues to hold 75.8 million shares directly, reinforcing his position as a major shareholder in the company.
Huang also retains indirect control over a significant number of Nvidia shares through various entities, including the Jen-Hsun & Lori Huang Living Trust, partnerships, and irrevocable trusts. These structures collectively hold over 583 million shares.
The filing further outlines internal share transfers, including 41,000 shares moved on March 21, 2025, to fulfill annuity payments to the Jen-Hsun & Lori Huang Living Trust. Additionally, 10 million shares were transferred to two limited liability companies, TARG S LLC and TARG M LLC, on March 20, 2025.