Source: Global Times
[Global Times Finance Comprehensive Report] On June 24, according to Bloomberg, Jensen Huang, CEO of Nvidia Corp, has started selling shares of the chipmaker, which is his first transaction under a plan allowing him to sell up to $865 million in shares by the end of this year.
According to documents submitted to the U.S. Securities and Exchange Commission on Monday, Huang sold 100,000 shares between June 20 and June 23, raising $14.4 million. This share sale is part of a new 10b5-1 trading plan he established in March and disclosed in Nvidia's quarterly report last month. (Wen Hui)
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