Summary by Moomoo AI
NVIDIA Corporation's President and CEO, HUANG JEN HSUN, completed a significant stock acquisition on March 6, 2024. The transaction involved a grant of 206,042 shares of NVIDIA's common stock at no cost. Following the transaction, HUANG now directly holds a total of 8,222,778 NVIDIA shares. Additionally, HUANG has indirect ownership of 78,604,840 shares through various trusts and partnerships. The nature of these indirect holdings includes trusts and annuity agreements named after HUANG and his family members. This transaction reflects a substantial increase in HUANG's stake in the company, reinforcing his alignment with the interests of NVIDIA's shareholders.