Amid AI Infrastructure Boom, Foreign Listed Company Executive Sells Shares Worth 1.2 Billion Won

Marc Boroditsky, Chief Revenue Officer (CRO) of AI infrastructure firm Nebius Group N.V. (NBIS), sold a portion of his Class A shares on May 15 under a pre-arranged trading plan. According to the company’s disclosure, he disposed of 4,500 shares at approximately $217.55 per share—realizing about $980,000 in proceeds (roughly ₩1.3 billion)—and still holds around 37,000 shares after the sale. Nebius noted that, as a foreign private issuer, this transaction is exempt from Sections 16(b) and 16(c) of the U.S. Securities Exchange Act.

In March, Nebius entered into a long-term AI infrastructure supply agreement with Meta Platforms that could reach up to $27 billion over five years. At the same time, the company announced plans to issue $3.75 billion in convertible bonds and revealed a $2 billion investment from NVIDIA—moves that secure significant funding and deepen its partnerships with leading tech players. ( Nebius signs new AI infrastructure agreement with Meta; deal to accelerate growth of Nebius’s core business in AI cloud.pdf)

Headquartered in Amsterdam, Nebius specializes in providing large-scale GPU clusters and cloud platforms for AI workloads. The company emerged from Yandex N.V.—the former parent of Russia’s Yandex—after it divested its Russian assets and rebranded. ()

Marc Boroditsky joined Nebius as CRO in May 2025. He previously led customer acquisition and revenue growth at Twilio and directed sales organizations at Oracle and Cloudflare. Most recently, he has presented Nebius’s growth strategy alongside the CEO at industry events such as the Morgan Stanley TMT Conference. ()