Nvidia’s CEO Jensen Huang and board member Mark Stevens have sold over $100 million in company shares under separate plans, as the chipmaker’s stock continues to soar amid strong AI demand.
Key Takeaways
- 1Jensen Huang sold 100,000 Nvidia shares for $14.4 million as part of a new $865 million prearranged plan.
- 2Mark Stevens sold 608,248 shares valued at $88.36 million outside of a 10b5-1 plan.
- 3Huang’s sales are structured under Rule 10b5-1 to avoid insider trading concerns.
- 4Despite insider sales, Nvidia maintains investor confidence and AI sector dominance.
Nvidia’s top executives are cashing in on the chipmaker’s record-breaking performance. CEO Jensen Huang and board director Mark Stevens have collectively sold more than $100 million in Nvidia stock in June, according to filings with the U.S. Securities and Exchange Commission. The transactions, while notable, come amid continued investor optimism and the company’s pivotal role in powering the global AI boom.
Insider Sales Begin Under Prearranged Plan
Jensen Huang, Nvidia’s co-founder and chief executive, initiated sales from a new Rule 10b5-1 plan adopted in March 2025. The first sales occurred on June 20 and June 23, with Huang offloading 100,000 shares for approximately $14.4 million.
- The plan allows him to sell up to 6 million shares by the end of 2025.
- At current prices, the plan could be worth $865 million.
- Huang remains Nvidia’s largest individual shareholder with over 800 million shares, about 4 percent of the company.
Rule 10b5-1 plans are widely used to permit executive stock sales on a scheduled basis, mitigating concerns of insider trading or sudden market disruptions.
Mark Stevens Offloads Over $88 Million in Shares
In a separate transaction on June 18, board member Mark Stevens sold 608,248 shares for approximately $88.36 million, according to SEC data. Stevens is not using a 10b5-1 plan, though he had earlier filed to sell up to 4 million shares.
- He directly owns 11.5 million shares post-sale.
- Additionally, he controls over 24 million shares through trusts he manages.
Stevens’ transactions took place as Nvidia’s stock hovered near its 52-week high of $153.13, underscoring the company’s strong valuation at a market cap of $3.51 trillion.
Nvidia’s AI Leadership Remains Unchallenged
Despite the significant stock sales, investor sentiment remains strong. Nvidia continues to dominate the AI semiconductor market:
- Stock is up over 800 percent since late 2022, following the release of ChatGPT.
- The company introduced two new generations of AI GPUs.
- In May 2025, Nvidia reported a 69 percent year-over-year revenue increase, reaching $44 billion for the first quarter.
Nvidia’s chips are central to many AI initiatives across industries, from spacecraft operations at Northrop Grumman to drug discovery at AI startup SandboxAQ.
CoinLaw’s Takeaway
While insider selling often triggers caution, the structure of Huang’s plan and Nvidia’s robust market position suggest these moves are part of long-term financial strategies rather than signs of trouble. With strong earnings, continued innovation, and sustained demand in AI hardware, Nvidia remains a powerhouse despite recent executive sell-offs.
