Execs Cash Out at Dell, NVIDIA & AST SpaceMobile

Insider selling dominated filings this week, with three major US names seeing significant executive disposals.

At DELL, private equity firm Silver Lake Group unloaded over $869M worth of shares across multiple tranches in early June, filing the transactions between June 4–17. The firm, which holds a board seat, sold at prices ranging from $410 to $435. Dell's General Counsel Richard Rothberg also filed a $8.2M sale on June 17, adding to the exodus.

NVDA board director Mark Stevens filed $410M in sales over the past month. He sold 1.88 million shares at prices between $210 and $222. Two separate filings — on June 4 and June 23 — show a consistent pattern of trimming his stake near all-time highs.

The most striking trade came from ASTS. Founder and CEO Abel Avellan filed a $146.7M sale on June 23, offloading 2.5 million shares at $58.68. The same filing window showed CFO Andrew Johnson selling $4.3M and President Scott Wisniewski selling $3.3M. All three top executives selling within weeks signals caution at the top, even as the satellite broadband stock has run hard in 2026.

The Walton family trust also filed over $650M in WMT sales across two separate filings this month.

This is not financial advice.