SEC Filing Exposé: Before the U.S. Stock Market Crash, Executives of 9 AI Giants Had Already Cashed Out $7.4 Billion at High Prices in Advance

Nine senior insiders at major U.S. AI hardware and cloud-computing firms cashed out roughly $7.4 billion between May and October, near record stock highs and months before this week's tech selloff, according to 282 SEC Form 4 filings. The sellers span Nvidia, Oracle, Micron, Broadcom, AMD, SanDisk, CoreWeave, Arista Networks and Astera Labs; Nvidia director Mark Stevens alone sold $407 million in June and over $1.3 billion year-to-date, while AMD CEO Lisa Su sold 360,000 shares for $169 million and Micron CEO Sanjay Mehrotra accounted for $182 million of $279 million in company insider sales. CoreWeave insiders offloaded $740 million, and Broadcom co-founder Henry Samueli sold $750 million. The disclosures matter because they show executives with direct visibility into hardware supply cycles and delivery bottlenecks locked in gains while retail and quant funds kept betting on unlimited AI compute growth. The context is a sharp reversal: the AI index has fallen 16% in November, Thursday's tech selloff erased over $3.2 trillion in market value, Korea's KOSPI plunged 8.5% and triggered a circuit breaker, AMD has dropped 38.6% from its peak and CoreWeave 68%. Watch whether further Form 4 filings follow and whether insider selling accelerates or stalls as prices reset.