Nasdaq AI Infrastructure Stocks, Including CEO... Automatic Sale of 100 Billion Won for Tax Withholding

Nebius Group N.V. (NASDAQ: NBIS), the AI infrastructure company listed on Nasdaq, announced that its CEO and two key executives automatically sold a portion of their shares between March 31 and April 1 to cover tax withholding obligations triggered by restricted‐stock vesting. According to the SEC filing, the three transactions totaled approximately $7.45 million (about KRW 100 billion) and were non‐discretionary trades executed under pre‐set instructions in their RSU agreements, rather than voluntary market sales by the executives. Even after these transactions, the reporting officers continue to hold a substantial stake in Nebius common shares, preserving the management’s equity base.

Recently, Nebius signed an AI infrastructure supply agreement with Meta valued at a minimum of $12 billion and up to $27 billion over the next five years, and plans to deliver large‐scale clusters based on NVIDIA’s Vera Rubin platform beginning in 2027 (see nebius.com). On March 11, the company also secured a $2 billion (approximately KRW 3 trillion) strategic investment from NVIDIA, rapidly expanding its AI infrastructure partnerships with global big-tech firms (see investor.nvidia.com).

Headquartered in Amsterdam, Netherlands, Nebius Group N.V. provides large‐scale GPU clusters and an AI-dedicated cloud platform to developers and enterprises worldwide. Formerly known as Yandex N.V.—the holding company of Russia’s IT firm Yandex—Nebius rebranded in 2024 after spinning off its Russian assets. Founder Arkady Volozh serves as CEO (see en.wikipedia.org).