Form 4: NVIDIA Director Tench Coxe Sells Shares in Multiple Transactions

NVIDIA director Tench Coxe sold a significant number of shares held in trust and through a profit sharing plan on March 5, 2024.

Summary

• Tench Coxe, a director at NVIDIA, sold a total of 199,990 common shares on March 5, 2024.
• The sales were executed in multiple transactions at weighted average prices of $852.5009, $851.3375, and $850.0266 per share.
• The shares were sold from a trust where Coxe is a trustee, and from a profit sharing plan.
• Following these transactions, Coxe still beneficially owns 3,097,136 shares through the trust and 685,248 shares through the profit sharing plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a director, with no inherent positive or negative sentiment.

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

• Insider trading activity is a common occurrence in publicly traded companies, and this filing is consistent with standard reporting practices.
• Similar filings are made by directors and officers of companies like AMD, Intel, and other tech firms when they buy or sell shares.

Stakeholder Impact

• The stock sale may have a minor impact on the share price, but is unlikely to have a significant effect on other stakeholders.

Key Dates

Keywords

NVIDIA, stock sale, insider trading, Tench Coxe, director, share sale, NVDA