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NVIDIA Corporation's President and CEO just cashed-in 40,000 options

Jen Hsun Huang, NVIDIA Corporation's President and CEO and a director of the company, recently cashed-in 40,000 options. The options were exercised at $15.94, while the disposals took place at $35.76 per share, on April 12, 2016. Huang continues to hold 22,794,038 shares of the company. Huang operates out of Santa Clara, CA. Some additional info was provided as follows:

This transaction was pursuant to a 10b5-1 Plan. Represents weighted average sales price. The shares were sold at prices ranging from $35.23 to $36.04. The Reporting Person will...