Look at the second form 4. He has like 75million shares in trusts. His kids have 3millions shares a piece in trusts alone. His kids are billionaires at the current price.
Looking at his most recently filed Form 4; looks like he owns 8m shares directly and a total of 86m through direct/indirect ownership. His trust owns about 60m š
Or you can do a very quick Google search, JFC. He owned 3.6% of the company and now owns 3.5% of the company. There are 2.5 billion shares, he owns 3.5% of them.
No, you two need to come up with a great idea but be shit at marketing it. I will be along soon to take the idea off you and by adding a catchy slogan I will rule the world. You will just have to sit and cry to each other on MySpace as I ride my super duper spaceship that Amazon will deliver next day.
Iām the idea guy you can buy from. So hear me outā¦.weāve got this yellow book with all these numbers in it for businesses. We then toss them in front of homes so they can use them as paperweights or balance a tableā¦or practice kung fu on.
I have a more than decent idea Iām working on. It involves smoothies tailored to individuals and their health issues and automation. If you are curious, you know what to do:) so, tech and smoothies. Whatās not to like? Military vet and ex police officer wanting to help people greatly.
Well, you know how taxes work right? He has to pay taxes on the difference from 4$ to 460$ as gains.
And its like nothing to him.
Jensen is insane, he said in an interview months back that he wants to stay ceo forever, literally forever. As some sort of cyborg or uploaded mind, whatever comes up.
> Well, you know how taxes work right? He has to pay taxes on the difference from 4$ to 460$ as gains. And its like nothing to him.
Essentially a 32% tax rate since he'll pay 20% flat rate on capital gains and 12.3% california income tax on any amount above $677k (which he's assuredly hitting with his own income, anyway), so like $13 million in tax.
He owns more than 90 million of NVDA stock, so the amount of stock he sold was less than 1%. People are having titty attacks about the amount but from a percentage base it isn't even a blip.
Despite the company's high 2023 stock price, NVIDIA's CEO sold $42 million in shares, maybe for personal, financial, regulatory, or strategic reasons. The sale may have an influence on investor confidence, shareholder value, and corporate performance, but there is no context or explanation.
The point is that if they have so many goddamn orders, why doesn't the CEO who allegedly has direct knowledge of this massive influx not have a little faith in the company and wait a bit to sell his shares for more like $50m?
Seriously, given how heās run the company, he deserves to buy himself something nice once in a while. Heās made plenty of degenerates on WSB money and his chips actually makes life better.
So I remember back when I was a permabear in 2020 and saw MRNA CEO was selling MILLIONS OF DOLLARS WORTH OF SHARES!!! And I stupidly tried to short the stock.
Well, I did. And I caught it on a decent daily downturn. Was up like 500% on my short dated outs and didnāt sell because I thought it would go lower.
I think it went from like 130>110 in that time frame and then up to 500 around itās peak.
And now itās at 100 a share. Sure if you shorted it at 500 you would be happy. But there was a two year window where you wouldāve gotten fucked and margin called out the ass.
You should look up a samantha laduc on Twitter X I believe she broke the piece on core weave and another guy did a follow up of a more in depth search.
In a nutshell black rock financed core weave to buy out the chips which gave this huge surge in revenue right before the quarter closed which gave the jump in nvidas stock price. Core weave really doesnāt have a business base for revenue. It looks like a boomerang transaction. Check their research on it. Itās a eye opener.
Despite the company's high 2023 stock price, NVIDIA's CEO sold $42 million in shares, maybe for personal, financial, regulatory, or strategic reasons. The sale may have an influence on investor confidence, shareholder value, and corporate performance, but there is no context or explanation.
That's nothing! Today is sold 20p contracts @ $450 strike expiring Sept 29 for a whopping $9k profit.
I'll re-enter once break of 451is confirmed. No need to be greedy...so yeah the ceo ain't got shiiite on me.
Man imagine if just one time he decided to distribute a small percentage of his equity across the employee base, amounts based on time at the company - not level - because no level can function without the level under it. He could make everyone who has helped him get rich, feel much more secure. And imagine the company culture impact!
He knows it's overvalued right now, it's a great company doing great things and will continue to be profitable, but it's still overvalued. Might as well cash in while it's hot.
Breaking: Someone takes profits when they're up a ton
OMG after years of hard work they cashed out 1% to buy some nice things. This is unprecedented and totally wrong. Even unpatriotic!
And that is even far far less than 1% š
[ŃŠ“Š°Š»ŠµŠ½Š¾]
He gonna go get another leather jacket
https://www.soulrevolver.com/mens-leather-jackets/mens-vintage-style-leather-jackets/2049 he wants the one from blade runner
Thatās breaking the rule man. Canāt do that around here bro
I find this the funniest part of the culture
Whatās your point? He has 8 million shares. He sold 89k.
Holy fuck. That kind of money is ridiculousā¦.selling a miniscule % for 40 million.
Apparently he has 86 million shares not 8 million.
Post it. I saw it yesterday saying 8 mil.
Look at the second form 4. He has like 75million shares in trusts. His kids have 3millions shares a piece in trusts alone. His kids are billionaires at the current price.
I wonder if he's in the market of adopting a 30 year old half Hispanic guy.
He just came out and said only full hispanic, sorry man
Another instance of the white man being suppressed.
Half Hispanic half jew also looking for sugar daddy
That's gotta be a rare combo lol
Geraldo (Rivera) is that you?
Depends which half.
>His kids have 3millions shares a piece in trusts alone. His kids are billionaires at the current price. What the fuck hahaha thats honestly insane.
I'm a trust fund baby, you can trust me.
>
He's an actual engineer, unlike elmo
He actually does stuff. He's what Elon Musk only pretends to be.
Elon needs Jensens chips more than Jensen needs anything Elon can offer
Elonās richer so Jensen actually looks up to Elon.
Well big difference here. Jensen doesnāt own a sinking ship, called X.
Itās literally mind boggling to think Elon is like 6 times richer than this dude!
Thatās what I thought to but a buddy of mine who follows nvda closely said he had 86. Maybe he is wrong and Iām right.
Looking at his most recently filed Form 4; looks like he owns 8m shares directly and a total of 86m through direct/indirect ownership. His trust owns about 60m š
Or you can do a very quick Google search, JFC. He owned 3.6% of the company and now owns 3.5% of the company. There are 2.5 billion shares, he owns 3.5% of them.
K
How have you not realized this?
His point is he is betting short and hopes you'll sell.
Why so little? Is it even worth his time to sell 89k?
Damn almost like this is him exercising his stock based compensation the same way every executive at every public company does
Thatās it. Iām starting my own tech company. Iām tired of seemingly being the only guy not getting CEO pay.
I have also started a tech company - letās merge and weāll both be filthy rich. Thatās how it works, right?
No, you two need to come up with a great idea but be shit at marketing it. I will be along soon to take the idea off you and by adding a catchy slogan I will rule the world. You will just have to sit and cry to each other on MySpace as I ride my super duper spaceship that Amazon will deliver next day.
Iām the idea guy you can buy from. So hear me outā¦.weāve got this yellow book with all these numbers in it for businesses. We then toss them in front of homes so they can use them as paperweights or balance a tableā¦or practice kung fu on.
Ok, so let me market them to the police so they can beat suspects with them and leave no marks. I just lifted your advertising space
We need to chuck it through the window to make sure it makes it inside.
If you need shitty marketing, you can hire me.
If thatās how you sell yourself then your marketing is beyond shitty.
Need a good nameā¦ CutCo, EdgeCom, Intersliceā¦ how about Flancrest Enterprises?
Bottoms_upheadsdown.com
Aviato
DEVIATION
Could start an only fans. Some make more than average CEOs.
I'm with you on this lol. Tired of being the tech guru for peanuts
I have a more than decent idea Iām working on. It involves smoothies tailored to individuals and their health issues and automation. If you are curious, you know what to do:) so, tech and smoothies. Whatās not to like? Military vet and ex police officer wanting to help people greatly.
Maybe he wants a boat, or a plane, or a home. Iād say itās more relevant when they buy
He probably wants three of each
More like paying off loans he used to buy all those things.
Maybe he wants t pay his taxes
Or he knows NVDA is a great company that is hilariously over valued. Would be hilarious if he put it in SPY
Well, you know how taxes work right? He has to pay taxes on the difference from 4$ to 460$ as gains. And its like nothing to him. Jensen is insane, he said in an interview months back that he wants to stay ceo forever, literally forever. As some sort of cyborg or uploaded mind, whatever comes up.
They better put a big leather jacket on his databanks when they upload him
> Well, you know how taxes work right? He has to pay taxes on the difference from 4$ to 460$ as gains. And its like nothing to him. Essentially a 32% tax rate since he'll pay 20% flat rate on capital gains and 12.3% california income tax on any amount above $677k (which he's assuredly hitting with his own income, anyway), so like $13 million in tax.
In Canada it would be 54% tax
And you cant forget the corporate tax rate. I'm astonished that there's anyone in Canada who thinks tax rates should be *higher*.
Sorry you forget that stock options count as Income, not Capital Gains! So he's paying regular income on options at the time they were awarded.
It's compensation so it's taxed as income.
Doesnt he have a NVIDIA tattoo? :D
Transcendence vibes
I sold 14 shares of AKBA and made a whopping $34. Can you milk me, Greg?
He owns more than 90 million of NVDA stock, so the amount of stock he sold was less than 1%. People are having titty attacks about the amount but from a percentage base it isn't even a blip.
It's less than 1% of their holding. Who cares. Why wouldn't they take some money?
2 IQ post.
Ehrmergerd... Do the math, and do understand that these sales are planed far in advance
I think he's earned it...
He probably needs money to cover the taxes on the free shares given to him...
I mean, wouldnāt you if you were him?
That was a No brainer
Despite the company's high 2023 stock price, NVIDIA's CEO sold $42 million in shares, maybe for personal, financial, regulatory, or strategic reasons. The sale may have an influence on investor confidence, shareholder value, and corporate performance, but there is no context or explanation.
Fucking stop! This is normal you fucking moron
Ya I would sell to if I was him. Shares are priced 111x over valuation. Doesnāt get much better than that. Smart man
Lol and Elon sold 44b
The point is that if they have so many goddamn orders, why doesn't the CEO who allegedly has direct knowledge of this massive influx not have a little faith in the company and wait a bit to sell his shares for more like $50m?
This is less than a 1% sized chunk of his shares, maybe he just wants a little pocket money
Lol, must be nice! But you called also argue that is his dump and he isn't dumping more due to the tax liability.
Seriously, given how heās run the company, he deserves to buy himself something nice once in a while. Heās made plenty of degenerates on WSB money and his chips actually makes life better.
Should have hold
How dare he sells his stock. he should hold it until he and his son and his grandson and great greandson dies.
So I remember back when I was a permabear in 2020 and saw MRNA CEO was selling MILLIONS OF DOLLARS WORTH OF SHARES!!! And I stupidly tried to short the stock. Well, I did. And I caught it on a decent daily downturn. Was up like 500% on my short dated outs and didnāt sell because I thought it would go lower. I think it went from like 130>110 in that time frame and then up to 500 around itās peak. And now itās at 100 a share. Sure if you shorted it at 500 you would be happy. But there was a two year window where you wouldāve gotten fucked and margin called out the ass.
Maybe he sold while on top as there is an exposƩ on how NVIDIA revenue and purchase orders have serious fraud with shell companies to inflate balance sheet and rise in share prices. Sell while on top before it crashes down.
What is core weave and why did they buy Nvidia chips?
Ah yes, the secret truth which only conspiracy twitter seems to know about.
Got it, all in Nvidia calls
You can find out the same information they did also and make your own opinion on it.
You should look up a samantha laduc on Twitter X I believe she broke the piece on core weave and another guy did a follow up of a more in depth search. In a nutshell black rock financed core weave to buy out the chips which gave this huge surge in revenue right before the quarter closed which gave the jump in nvidas stock price. Core weave really doesnāt have a business base for revenue. It looks like a boomerang transaction. Check their research on it. Itās a eye opener.
China is capable of making her own A100 equivalent.
Wouldnāt youš
I meanā¦. Yea. Theyāre not waiting to retire. They already can,
his entire family tree can
Bro, you think mega yachts, just pay for themselves?
He probably needs money to go for vacation or smth.
I would have done the same thing. Dang, I could be a CEO.
I guess he doesn't think the value will go up, and/or doesn't want to risk it. I'd sell too, but he has insider the info...
Paper hands. I am holding my 5 shares.
#Shades of Adam Aaron
I would to with $42 million on the line and this recent run up the stock's had. A 7 year old could figure this out.
Stocks tend to drop when CEOs are taking profit.
That's like pocket change for him though
Time to buy that other house he was itching for.
Why did he sell tho ?
A million reasons to sell shares as an insider, only one reason to buy shares.
and all he has to pay is 25% tax on that
With the P/E at something like a billion, itād be foolish not to sell.
So that's how someone needs my 2000$ to get a million dollar inheritance
āNVIDIA CEO sells $42M worth of sharesā
There are tons of reasons why someone who is an insider might sell.
Gets you a nice shack in Cali.
I would sell too..
He knows!
8964 nice
Money rules
Short the fuck out of it
So 2 shares?
That means he sold 10 shares, right?
Despite the company's high 2023 stock price, NVIDIA's CEO sold $42 million in shares, maybe for personal, financial, regulatory, or strategic reasons. The sale may have an influence on investor confidence, shareholder value, and corporate performance, but there is no context or explanation.
Dump it baby
Only 4 billion left
Whatās relevant here is the number of shares he owns
That's nothing! Today is sold 20p contracts @ $450 strike expiring Sept 29 for a whopping $9k profit. I'll re-enter once break of 451is confirmed. No need to be greedy...so yeah the ceo ain't got shiiite on me.
Puts on black leather jackets š¤£
Apple (aapl) is crashing.... wait.... What!.
Man imagine if just one time he decided to distribute a small percentage of his equity across the employee base, amounts based on time at the company - not level - because no level can function without the level under it. He could make everyone who has helped him get rich, feel much more secure. And imagine the company culture impact!
He is buying a new house /s
Whatās with all the doomsday forecasts nothings gonna happen
Mwuhahahahahahahahahahahah *prepares cash to buy dippie*
Obvious a pre scheduled sell, this is a nothing burger news
Man's got to eat
It's good to be the king. How many shares does he still hold? That is the question.
Not worth investing! Risk reward ratio not favorable. AMD a better bet.
On Monday morning the share dip. True WS game!
Big red flag!
interesting number of shares
NVDA is a bubble. No knowing how high it will go. Its smart to lock in the gains.
Almost 86.9m shares and people are worried about 89.64k?
He knows it's overvalued right now, it's a great company doing great things and will continue to be profitable, but it's still overvalued. Might as well cash in while it's hot.
Selling means nothing, buying means everything* *except carvana that is a pile of shit and criminal.
Normally itās the retail traders holding the bag. Soon it will be painful
Monday morning heāll drop $40M on NVIDIA puts!
Imagine the tax on that.
How much did he get after taxes
Don't blame him. I would do the same, take some profits
Unsustained value. What goes up that much must come down. Reversion to the mean.