Form 4: NVIDIA CFO Colette Kress Reports Significant Stock Sales Under Pre-Arranged Trading Plan

NVIDIA's Executive Vice President and Chief Financial Officer, Colette Kress, reported the sale of over 50,000 shares of company stock in June 2025, primarily through a pre-arranged 10b5-1 trading plan, alongside shares withheld for tax obligations.

Summary

• Colette Kress, EVP & CFO of NVIDIA, reported multiple transactions involving NVIDIA common stock.
• On June 18, 2025, 43,099 shares were disposed of at a price of $144.12 to satisfy tax obligations in connection with the vesting of restricted stock units. This transaction also included 38,400 shares issued upon the vesting of restricted stock units.
• On June 20, 2025, a total of 50,300 shares were sold across multiple transactions pursuant to a Rule 10b5-1 trading plan adopted on March 4, 2025.
• These sales included 30,500 shares sold directly by Ms. Kress at weighted average prices ranging from $143.5441 to $145.9002.
• An additional 9,900 shares were sold indirectly through a Trust at weighted average prices ranging from $143.5452 to $144.0371.
• Another 9,900 shares were sold indirectly through a Limited Liability Company at weighted average prices ranging from $143.5466 to $145.9123.
• Following these transactions, Ms. Kress directly holds 3,012,166 shares and indirectly holds 173,060 shares via a Trust, 802,934 shares via a Limited Liability Company, 4,000 shares via immediate family member 1, 4,000 shares via immediate family member 2, 733,676 shares via Grantor Retained Annuity Trust 1, and 733,676 shares via Grantor Retained Annuity Trust 2.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While insider sales can sometimes be viewed negatively, these were pre-planned under a 10b5-1 plan and included tax-related dispositions, which are routine. This suggests the sales are for personal financial management rather than a lack of confidence in the company.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, indicating they were pre-scheduled and not a reaction to recent negative company developments, which can reduce market speculation.
• The disposition of shares for tax withholding is a standard procedure upon the vesting of restricted stock units, which represents a form of executive compensation.

Negatives

• The sale of a significant number of shares by a key executive, even if planned, reduces their direct equity stake in the company, which some investors might perceive as a slight reduction in alignment of interests.

Future Outlook

NA

Industry Context

This Form 4 filing details routine insider transactions for NVIDIA's CFO. Such filings are common for executives managing their personal portfolios, especially when executed under pre-arranged Rule 10b5-1 plans, and typically do not reflect specific industry trends or competitive positioning.

Related Party Transactions

• Sales were conducted indirectly through a Trust and a Limited Liability Company, which are typically considered related parties to the reporting person.

Stakeholder Impact

• The transactions are routine insider sales under a pre-arranged plan and tax withholding. They are unlikely to have a significant direct impact on shareholders, employees, customers, suppliers, or creditors, as they reflect personal financial management rather than a change in company strategy or financial health.

Key Dates

Keywords

NVIDIA, NVDA, Colette Kress, SEC Form 4, Insider Trading, Stock Sale, Rule 10b5-1 Plan, Restricted Stock Units, CFO, Executive Compensation