[144] MOELIS & COMPANY SEC Filing

Rhea-AI Filing Summary

Form 144 – Insider share sale notice

NVIDIA CEO Jen-Hsun Huang has filed to sell an additional 75,000 common shares on 25 Jul 2025 through Charles Schwab, valued at $13.0 million (aggregate market value). The filing also shows Huang has already disposed of approximately 1.73 million shares between 20 Jun and 24 Jul 2025 in daily blocks of 50-75 k, generating about $280 million in gross proceeds. The planned transaction equals less than 0.01 % of the reported 24.4 billion shares outstanding, but extends a multi-week liquidation program by the company’s founder and chief executive.

While Form 144 is only a notice and execution is not guaranteed, continued insider selling can pressure sentiment—especially after NVDA’s sharp appreciation. Investors will watch for further filings, Rule 10b5-1 plan details, and the market’s ability to absorb additional supply.

Positive

• Negligible dilution: 75,000 shares represent less than 0.01 % of the 24.4 billion shares outstanding.

Negative

• Continued insider selling: CEO has disposed of ~1.73 million shares since 20 Jun 2025, plus a planned 75 k sale, totaling ≈$280 million.
• Potential sentiment headwind: Repeated Form 144 filings by the founder/CEO can erode investor confidence despite strong fundamentals.

Insights

Securities Analyst

TL;DR: CEO continues large programmed sales; modest size vs. float but negative for sentiment.

The filing extends Jen-Hsun Huang’s systematic share disposition. Including the new 75 k block, he has registered roughly 1.8 million shares for sale since late June, harvesting close to $300 million. Although the stake sold is immaterial to NVIDIA’s 24 billion-share base, persistent CEO selling after a major run-up typically signals profit-taking and may dampen momentum-driven inflows. Because the shares are sold on-exchange via Schwab, market impact depends on liquidity, which remains deep for NVDA. I view the news as modestly negative: it does not alter fundamentals, but it weakens the insider-ownership narrative that often supports premium valuations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6340	460515.41	74178031	07/25/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	02/19/2025	Restricted stock vesting under a registered plan	Issuer			6340	02/19/2025	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

Why did NVIDIA’s (NVDA) CEO file Form 144 on 25 Jul 2025?

Form 144 notifies regulators of the CEO’s intent to sell 75,000 NVIDIA shares under Rule 144.

How many NVDA shares is Jen-Hsun Huang planning to sell in this notice?

He intends to sell 75,000 common shares valued at roughly $13.0 million.

How many NVDA shares has the CEO already sold in the past three months?

The filing lists about 1.73 million shares sold between 20 Jun and 24 Jul 2025.

What is the aggregate market value of the proposed 75 k-share sale?

The aggregate value disclosed is $13,041,335.

Will the 75,000-share sale dilute existing NVIDIA shareholders?

No. The shares come from the CEO’s holdings and represent less than 0.01 % of shares outstanding, causing no dilution.

On which exchange will the shares be sold?

The notice states the shares are to be sold on the NASDAQ.