Summary by Futu AI
NVIDIA Corporation's President and CEO, HUANG JEN HSUN, is set to sell 120,000 shares of common stock on 06/28/2024, as per the latest filing. The shares to be sold have an aggregate market value of approximately $15,004,856. The securities were acquired through equity compensation in the form of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) on two separate occasions, with 30,300 shares obtained on 03/16/2022 and 89,700 shares on 03/15/2023, both from NVIDIA CORPORATION. This planned transaction follows a review of securities sold in the past three months, where a total of 1,200,000 shares were sold for gross proceeds of $153,859,635. The notice of the intended sale was filed on 06/28/2024, with the plan for this transaction having been adopted on 03/14/2024.