COO Ophir Nave sells 500,000 shares
Company: Nebius
The claim, verbatim
Nebius COO Ophir Nave sold 500,000 Class A shares on Oct. 5 for roughly $118 million under a Rule 10b5-1 plan adopted in May, about half his stake, leaving him with 454,685 Class A shares.
Source (primary)
Nebius Stock Rallies With AI Infrastructure Peers Even As COO Cuts Stake: Retail Mood Improves - Yahoo Finance (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “Nave sold 500,000 Class A shares on Oct. 5, according to a filing with the U.S. Securities and Exchange Commission.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article states every element of this claim, citing an SEC filing: the 500,000-share sale on Oct. 5 for about $118 million under a 10b5-1 plan adopted in May, and the 454,685 shares remaining.
Confirmed in the source:
- Ophir Nave is Nebius's Chief Operating Officer
- Nave sold 500,000 Class A shares on Oct. 5
- The sale was worth roughly $118 million
- The sale was made under a Rule 10b5-1 trading plan adopted in May
- The sale represented about half of Nave's stake
- After the sale Nave held 454,685 Class A shares
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/nebius-stock-rallies-ai-infrastructure-015955175.html) in full (9,492 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius Stock Rallies With AI Infrastructure Peers Even As COO Cuts Stake: Retail Mood Improves - Yahoo Finance
Quote: “Nave sold 500,000 Class A shares on Oct. 5, according to a filing with the U.S. Securities and Exchange Commission.”