Board members at Nvidia— the AI company no one can stop talking about that is at the forefront of the tech evolution—are reaping the benefits of a runup in the company’s stock. Shares in the company traded at $887 today, up 26.5% this month alone.
Four insiders sold holdings via multiple transactions in the past four weeks, SEC filings show. They joined a growing list of executives who have unloaded billions in company stock in recent months. JPMorgan Chase CEO Jamie Dimon logged his first-ever stock sale last month to the tune of $150 million, while Amazon founder Jeff Bezos sold $8.5 billion in Amazon stock. Meta Platforms founder Mark Zuckerberg sold $1.2 billion and private equity founder Leon Black made his first-ever sale worth $172.8 million.
On the Nvidia board, Tench Coxe, former managing director at venture capital investment firm Sutter Hill Ventures, sold $170 million…
