Form 4: NVIDIA Director Sells $63.6M in Shares

NVIDIA Director Mark A. Stevens reported the sale of 350,000 shares of common stock for a total value of approximately $63.6 million.

Summary

• Mark A. Stevens, a Director of NVIDIA Corporation, reported the sale of 350,000 shares of common stock.
• The transaction occurred on December 5, 2025.
• The shares were sold at a weighted average price of $181.7259 per share, with prices ranging from $181.400 to $182.1386.
• The total value of the shares sold is approximately $63,604,065.
• Following the transaction, Stevens directly owns 11,543,401 shares of common stock.
• Stevens indirectly owns 7,049,803 shares through the Third Millennium Trust and 16,070,550 shares through the Envy Trust.

Sentiment

Score: 5

Explanation: The filing is a factual report of an insider stock transaction and does not contain information that inherently indicates positive or negative sentiment regarding the company's operational performance or future prospects. Insider sales can be for personal financial planning and do not always signal a negative outlook.

Negatives

• A director selling a significant number of shares (350,000) could be interpreted by some investors as a lack of confidence, although such sales are often for personal financial planning or diversification.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it is solely a report of an insider transaction.

Industry Context

This filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape. Insider sales are common for various personal financial planning reasons and do not necessarily reflect company-specific or industry-wide performance.

Related Party Transactions

• The sale of shares by Mark A. Stevens, a Director, is a related party transaction.
• Shares are held indirectly by the Third Millennium Trust, of which the Reporting Person and his wife are co-trustees.
• Shares are held indirectly by the Envy Trust u/a/d December 7, 2021, of which the Reporting Person is trustee.

Stakeholder Impact

• Shareholders: May interpret the sale as a signal, though it's often for personal financial planning. The large volume could cause minor concern.
• Employees, Customers, Suppliers, Creditors: Unlikely to be directly impacted by a director's personal stock sale.

Key Dates

Keywords

NVIDIA, NVDA, Mark A. Stevens, Insider Sale, Director, Stock Transaction, Form 4, Beneficial Ownership