08:09 AM EDT, 06/30/2025 (MT Newswires) -- Nvidia ( NVDA ) insiders have offloaded more than $1 billion in company shares over the past year, with over $500 million sold in June alone as the chipmaker's stock rose to record highs amid increasing AI demand, The Financial Times reported Sunday.

The company's CEO Jensen Huang led the selling, under a pre-arranged trading plan adopted in March, according to the report.

The trading plan allows Huang to sell up to 6 million shares by year-end, potentially netting over $900 million at current prices, according to the Financial Times. Even after the sale, Huang retains the vast majority of his holdings and maintains an estimated net worth of $138 billion.

The chipmaker didn't immediately reply to MT Newswires' request for comment.

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