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NVIDIA Corporation (NASDAQ: NVDA), President & CEO, Jen-Hsun Huang has filed to sell 75,000 shares of the company’s common stock, with an estimated market value of $12.2 million. The proposed transaction is scheduled for July 9, according to a Form 144 submitted to the U.S. Securities and Exchange Commission.
The filing shows that 70,145 of the shares were acquired through a performance stock award on December 13, 2023, while the remaining 4,855 shares were granted on March 20, 2024.
The transaction will be executed through Charles Schwab & Co. under a Rule 10b5-1 trading plan adopted on March 20, 2025.
Rule 10b5-1 plans allow insiders to schedule stock trades in advance in compliance with federal securities regulations. The form confirms that Huang has no knowledge of any material non-public information related to the company as of the date the plan was established.
Over the past three weeks, he has sold a total of 725,000 shares across twelve separate trading days. These sales began on June 20 and continued through July 8. Each transaction involved 75,000 shares and ranged in gross proceeds from approximately $11.4 million to $11.9 million per filing date.
The Form 144 was signed on July 9. No additional commentary or explanation was provided in the notice.