Form 4: NVIDIA Director Mark Stevens Sells 156,023 Shares

NVIDIA director Mark Stevens sold 156,023 shares of common stock at an average price of $129.8146 on July 12, 2024.

Summary

• Mark Stevens, a director at NVIDIA, sold 156,023 shares of NVIDIA common stock on July 12, 2024.
• The sale was executed at a weighted average price of $129.8146 per share, with individual sales ranging from $129.75 to $129.94.
• Following the transaction, Stevens directly owns 12,920,618 shares and indirectly owns 8,585,217 shares through The 3rd Millennium Trust and 17,251,950 shares through the Envy Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company director. It does not inherently suggest 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 transactions 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 it is a common occurrence and not necessarily indicative of a negative outlook.

Key Dates

Keywords

NVIDIA, Mark Stevens, stock sale, insider trading, director, common stock, share sale