Nvidia director sold nearly $1B in stock weeks before the Jensen Huang scandal broke — and no trading plan was flagged
Summary
The article reports that Nvidia board director Mark Stevens sold about $946 million of Nvidia stock in three batches before CEO Jensen Huang's resignation, with no trading plan flagged. It explains the concept of prearranged trading plans, their history, and potential insider-trading implications, while also noting Nvidia's stock performance and governance context around Huang's departure.