Nvidia CEO Sells More Company Stock Amid Continued Gains

Nvidia (NVDA, Financials) President and Chief Executive Officer Jen Hsun Huang sold 750,000 shares of the company’s common stock between June 23 and July 7, generating estimated proceeds of approximately $115.6 million, according to filings with the Securities and Exchange Commission.

The sales were executed under a pre-arranged 10b5-1 trading plan, with prices ranging from $144.04 to $158.02 per share.

Following the transactions, Huang directly owns 75,023,225 shares of Nvidia. He also maintains indirect stakes through a number of trusts, partnerships, and limited liability companies.

This article first appeared on GuruFocus.