Form 4: Nvidia Director A. Brooke Seawell Sells Shares
SEC Form 4 Filing
Nvidia director A. Brooke Seawell sold 1,438 shares of common stock at a price of $1,117.72 on May 28, 2024.
Summary
- A. Brooke Seawell, a director at Nvidia, sold 1,438 shares of common stock on May 28, 2024.
- The sale price was $1,117.72 per share.
- Following the transaction, Mr. Seawell directly owns 650 shares and indirectly owns 500,000 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a director, with no inherent positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity and is common for directors of publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors, in accordance with SEC regulations.
- Similar filings are made by directors and officers of other publicly traded companies like Apple (AAPL), Microsoft (MSFT), and Amazon (AMZN) when they buy or sell company stock.
Stakeholder Impact
- The sale of shares by a director may have a minor impact on investor sentiment, but is generally considered a normal part of market activity.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of the stock sale transaction. |
| 05/30/2024 | Date the form was signed. |
Keywords
Nvidia, Director, Stock Sale, Insider Trading, NVDA, Share Transaction
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