Nvidia director sold nearly $1B in stock weeks before the Jensen Huang scandal

Nothing out of the ordinary. Guy sold 4m shares over a few months (all of which have to be pre-announced 90 days in advance). Still has over 25m shares.

Aug 31 is about when the post-earnings window opened so could be routine?

I'm more interested in options activity leading up to this.

... that's not all that much stock given the price rise. I don't think they anticipated their stock packages would be worth as much as they are.

See also https://nvidia.cool.computer/

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None of these executive can sell company stock on a whim. They are “insiders” and if they want to sell they have to schedule it a year plus out in advance.

Yet another example of the media failing to do the most basic research into the topic they report on.

Do better yahoo news!

The administration is trying to find who leaked this to the NY Times originally, which was a form of leaking classified information. Its obvious the recent market correct was kicked off by insider trading like this.

Oddly enough there are two main suspects, Rubio and Bessent or their teams. Bessent has more of a motivation to leak the story so the export controls would have to be enforced. If it turns out to have been traced back to the Treasury dept, the Treasury Secretary days in office are almost up.

Also, why would he be so motivated to leak it? Lower Treasury yields...

There's no meaningful enforcement of white collar crime in the us. I wonder when these headlines will stop being written.

So did the disgusting immoral Ro Khanna.