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

Nvidia board director Mark Stevens sold approximately $946 million in company stock across three transactions in late August and September 2026, weeks before CEO Jensen Huang's unexpected resignation on November 12. Unlike typical executive stock sales, Stevens did not have a prearranged trading plan in place, though the article notes this isn't necessarily indicative of insider trading concerns. Despite the large sale, Stevens remains Nvidia's second-largest shareholder with about 27.5 million shares still held.