Form 4: NVIDIA Director Mark L. Perry Sells 15,000 Shares

NVIDIA director Mark L. Perry sold 15,000 shares of common stock at an average price of $796.4461 on February 23, 2024.

Summary

• Mark L. Perry, a director at NVIDIA, sold 15,000 shares of NVIDIA common stock on February 23, 2024.
• The sale was executed at a weighted average price of $796.4461 per share.
• The price range for the sale was between $796.00 and $796.77 per share.
• Following the transaction, Mr. Perry directly owns 13,612 shares and indirectly owns 125,000 shares through various trusts.
• The shares are held in The Perry & Pena Family Trust, The Zoe Blue Perry 2020 Irrevocable Trust, and The Taylor William Perry 2023 Irrevocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing for an insider stock sale, which is neither positive nor negative in itself. It's a neutral event.

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.
• The level of detail provided in this Form 4 is consistent with what is expected for such filings, including the number of shares, transaction price, and ownership structure.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial health.

Key Dates

Keywords

NVIDIA, stock sale, insider trading, Form 4, Mark L. Perry, director, equity securities