Form 4: Nvidia Director Dawn E. Hudson Sells Shares in Multiple Transactions
SEC Form 4 Filing
Nvidia director Dawn E. Hudson sold a total of 19,999 shares of common stock in multiple transactions between May 24 and May 28, 2024.
Summary
- Dawn E. Hudson, a director at Nvidia, sold a total of 19,999 shares of Nvidia common stock.
- The sales occurred in multiple transactions between May 24, 2024 and May 28, 2024.
- On May 24, 2024, 9,703 shares were sold at a weighted average price of $1,058.57, 1,446 shares at $1,059.81, and 3,851 shares at $1,060.57.
- On May 28, 2024, 5,000 shares were sold at a weighted average price of $1,140.04.
- Following these transactions, Ms. Hudson directly owns 50,500 shares of Nvidia common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock sales by a director. It does not contain any information that would be considered positive or negative for the company's outlook.
Industry Context
This is a routine filing related to insider trading activity. It is common for directors and officers to buy and sell shares of their company's stock. These transactions are closely monitored by regulators and investors.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting insider transactions in publicly traded companies.
- The volume of shares sold is not unusual for a director's transactions.
- The price range of the sales is consistent with the market price of Nvidia stock during the period.
Stakeholder Impact
- The stock sales by a director may be of interest to shareholders, but are not expected to have a significant impact on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of the first three transactions where shares were sold at weighted average prices of $1,058.57, $1,059.81, and $1,060.57. |
| 05/28/2024 | Date of the final transaction where shares were sold at a weighted average price of $1,140.04. |
| 05/29/2024 | Date the Form 4 was signed. |
Keywords
Nvidia, NVDA, stock sale, insider trading, Form 4, Dawn E. Hudson, director
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