Nvidia, Macy’s see big sales by execs as market soars to record highs
The stock market scaled to record levels recently, leading some executives at major corporations to cash in. Below is a roundup of some notable stock sales by executives or officers of major companies, filed with the Securities and Exchange Commission last week. These exclude where the filing explicitly says the sale was conducted pursuant to preplanned 10b5-1 trading plans, focusing instead on discretionary activity. The data comes from VerityData and is confirmed against the original SEC filings (three-month percent change as of Friday’s close). Rocket Lab (RKLB) director Matthew Ocko Sold 1.87 million shares at an average price of $48.20 for a total of $90.3 million. Shares are up almost 80% over the prior three months. Nvidia (NVDA) directors Mark A. Stevens and Stephen C. Neal Stevens sold 498,000 shares at an average price of $177.90 for a total of $88.6 million. Neal also sold 28,000 shares at an average price of $177.58 for a total of $5 million. Shares are up more than 22% over the prior three months. Motorola Solutions (MSI) CEO Gregory Q. Brown Sold 50 ,000 shares at an average price of $483.50 for a total of $24.2 million. He also exercised options expiring in March 2026. Shares are up 17% over the prior three months. EchoStar (SATS) CEO Hamid Akhavan Sold 234,000 shares at an average price of $75.35 for a total of $17.6 million. Note: exercised options expiring in December 2033. SATS shares have nearly tripled over the prior three months. Verity noted cluster selling in SATS with insiders selling over $40 million worth of shares over the past 30 days. Oklo (OKLO) CFO Richard Bealmear Sold 100,000 shares at an average price of $94.31 for a total of $9.4 million. Shares were up 69% over the prior three months. Macy’s (M) chief HR officer Danielle Kirgan Sold 100,000 shares at $17.75 a piece for a total of $1.8 million M shares are up more than 50% over the prior three months Verity noted that selling has been rare at the department store operator, so it stands out to see the Chief HR Officer and Controller emerge as sellers this month at about $17.50. Kirgan returned to sell $4.4 million at $17.52 after she last sold at slightly lower prices in July 2023. NetApp (NTAP) CEO George Kurian Sold about 9,000 shares at $122.91 a piece for a total of $1.1 million. Note: sale is marked as a step-out sale, non-10b5-1. NTAP is up 20% over the prior three months. ( Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here . )
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