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> Paul Pelosi purchased on June 17, 20,000 shares of Nvidia, a top semiconductor company, worth between $1 million and $5 million, the Daily Caller reported, ci
by drexlspivey 4y ago
> Paul Pelosi purchased on June 17, 20,000 shares of Nvidia, a top semiconductor company, worth between $1 million and $5 million, the Daily Caller reported, citing disclosure reports filed by the House speaker.
Price on June 17 was $158, right now it’s $178
- faet 4y agoHe bought the options back in summer of 2021. He decided to exercise them rather than let them expire worthless. His price was probably around 180/share. >In a periodic transaction report, the senior Democrat disclosed that her husband, financier Paul Pelosi, sold 25,000 shares of Nvidia for about $4.1 million, ending up with a loss of $341,365.
- drexlspivey 4y agoThat makes no difference, he could have sold the options for their intrinsic value on expiration (Friday June 17) he doesn’t have to let them expire worthless. Instead he exercised them, committing $4m in capital prior to the bill passing and made $20 per share