Nvidia Executives Sell $423 Million Combined — EVP Shoquist Leads With $252M

Two senior executives at Nvidia (NVDA) — the $3 trillion AI chip giant — have sold a combined $423.3 million in stock and filed 32 Form 4 filings in recent months. EVP of Operations Debora Shoquist leads with $252.1 million in career sales, while CFO Colette Kress has sold $171.2 million.

The $252 Million EVP

Debora Shoquist, Nvidia's EVP of Operations, has generated $252.1 million in career stock sales across 388 transactions. Her recent selling has been particularly aggressive — $56.2 million in the latest batch alone. As the executive overseeing Nvidia's supply chain and manufacturing operations during the greatest demand surge in semiconductor history, Shoquist's selling pace is notable.

She has been with Nvidia for over two decades, watching the stock transform from a gaming chip company into the most important supplier to the AI revolution. And she's been steadily converting that equity into cash the entire way up.

CFO: $171 Million Across 291 Transactions

CFO Colette Kress has sold $171.2 million across 291 transactions, with $10.8 million in recent sales. Kress is the financial voice of Nvidia — the executive who delivers the earnings calls that regularly move the stock by 5-10% in a single session. Her consistent selling continues despite the stock's historic run.

The Numbers

Insider	Title	Career Sales	Transactions	Recent Sales
Debora Shoquist	EVP, Operations	$252.1M	388	$56.2M
Colette Kress	EVP & CFO	$171.2M	291	$10.8M

Context: The AI Supercycle

Nvidia's stock has increased roughly 10x since early 2023, driven by explosive demand for its H100 and Blackwell AI training chips. The company is expected to generate over $100 billion in revenue in its current fiscal year. Jensen Huang, the CEO, has become one of the world's wealthiest people.

But notably absent from the recent Form 4 filings is Huang himself — the selling is concentrated among his top lieutenants. Shoquist and Kress together have filed 32 Form 4s, methodically reducing their positions while the stock trades near all-time highs above $130.

What $423 Million in Selling Signals

For a $3 trillion company, $423 million is a rounding error on the market cap. But for two individual executives, it represents massive personal wealth extraction. The combined 679 transactions suggest both have been selling for years — and the 32 recent filings show the pace has intensified as the stock has reached new highs.

Track all Nvidia insider activity on the NVDA stock page.