Form 4: NVIDIA Director Gifts Shares, Adjusts Trust Holdings

NVIDIA Director Stephen C. Neal reported gifting 1,700 shares of common stock and reallocating shares among family trusts.

Summary

• Stephen C. Neal, a Director of NVIDIA Corp, reported changes in his beneficial ownership of common stock.
• On August 29, 2025, Neal disposed of 1,700 shares of NVIDIA common stock as a gift without consideration.
• The filing also details internal transfers of shares between trusts where Neal is a trustee: 11,428 shares were transferred without consideration from The Neal/Rhyu Revocable Trust to the 2013 Stephen C. Neal Revocable Trust.
• Additionally, 7,142 shares were transferred without consideration from The Neal/Rhyu Revocable Trust to the 2013 Michelle S. Rhyu Revocable Trust.
• Following these transactions, Neal's beneficial ownership includes 3,887 direct shares, 171,410 shares held indirectly by The Neal/Rhyu Revocable Trust, 30,428 shares held indirectly by the 2013 Stephen C. Neal Revocable Trust, and 7,142 shares held indirectly by the 2013 Michelle S. Rhyu Revocable Trust.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (gift of shares) and internal trust transfers, which are neutral regarding company performance or outlook.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Industry Context

This filing details a routine insider transaction and personal estate planning by a director, which does not directly relate to broader industry trends or competitive landscape.

Related Party Transactions

• Transfer of 11,428 shares without consideration from The Neal/Rhyu Revocable Trust (of which the Reporting Person is trustee) to the 2013 Stephen C. Neal Revocable Trust (of which the Reporting Person is also trustee).
• Transfer of 7,142 shares without consideration from The Neal/Rhyu Revocable Trust to the 2013 Michelle S. Rhyu Revocable Trust.

Stakeholder Impact

• Shareholders: The gift of 1,700 shares represents a minor reduction in the director's direct holdings, but overall beneficial ownership remains substantial. This is a personal transaction and does not reflect on the company's operational performance.

Key Dates

Recommendation

The filing details a routine insider gift of shares and internal trust transfers by a director. These transactions are personal in nature and do not reflect on NVIDIA's operational performance, financial health, or strategic direction. Therefore, the filing does not provide new information that would warrant a change in investment recommendation for NVIDIA stock.

Keywords

NVIDIA, NVDA, Stephen C. Neal, Director, Stock Transaction, Form 4, Gift, Beneficial Ownership, Trust