Form 4: NVIDIA Director Mark Stevens Sells 36,000 Shares

NVIDIA director Mark Stevens sold 36,000 shares of common stock at an average price of $546.954 on January 12, 2024.

Summary

• NVIDIA director Mark Stevens sold 36,000 shares of common stock on January 12, 2024.
• The sale was executed at a weighted average price of $546.954 per share.
• The price range for the sale was between $546.75 and $547.25 per share.
• Following the transaction, Stevens directly owns 1,291,853 shares of NVIDIA common stock.
• He also indirectly owns 1,134,583 shares through The 3rd Millennium Trust and 1,725,195 shares through the Envy Trust.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no inherent 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, ensuring transparency of insider trading.
• The sale by Mark Stevens is not unusual for a director and is within the normal range of insider transactions.
• Similar filings are made by directors and officers of other tech companies like Apple, Microsoft, and AMD when they trade their company's stock.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or stock price.

Key Dates

Keywords

NVIDIA, insider trading, stock sale, Mark Stevens, director, NVDA, share transaction