Jensen Huang, the Chief Executive Officer of NVIDIA, sold approximately 225,000 shares of the company's stock between August 1st and 5th, realizing profits of roughly $40 million. Despite this reduction, he continues to hold a substantial stake of approximately 73.45 million shares. Prior to this transaction, Huang had pre-arranged a share reduction plan in accordance with Rule 10b5-1, aiming to potentially reduce his holdings by up to 6 million shares over time. Notably, he had already reduced his share count by over 2 million shares in June and July.
