Form 4: Nvidia Director Mark L. Perry Sells 7,000 Shares

Nvidia director Mark L. Perry sold 7,000 shares of common stock at an average price of $887.8942 on April 2, 2024.

Summary

• Mark L. Perry, a director at Nvidia, sold 7,000 shares of Nvidia common stock on April 2, 2024.
• The sale was executed at a weighted average price of $887.8942 per share.
• The prices ranged from $887.57 to $888.32 per share.
• Following the transaction, Mr. Perry directly owns 13,612 shares and indirectly owns 118,000 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 neutral report of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is not expected to have a significant impact on the company's operations or financial performance.

Key Dates

Keywords

Nvidia, insider trading, stock sale, Mark L. Perry, director, NVDA, Form 4