Form 4: Nvidia EVP Debora Shoquist Sells Shares Under 10b5-1 Plan

Nvidia's EVP of Operations, Debora Shoquist, sold a total of 104,595 shares of common stock on June 3, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Debora Shoquist, EVP of Operations at Nvidia, sold 104,595 shares of Nvidia common stock on June 3, 2024.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 4, 2024.
• The shares were sold at various prices ranging from $1,121.22 to $1,149.93.
• The sales were conducted through the Debora C. Shoquist Revocable Living Trust, where she serves as a trustee.
• Following these transactions, Ms. Shoquist beneficially owns 170,363 shares indirectly through the trust.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing for insider stock sales under a pre-arranged plan, which is neither positive nor negative for the company's overall outlook.

Industry Context

This is a routine filing for insider stock sales under a pre-arranged trading plan, which is common practice for executives at publicly traded companies.

Comparison to Industry Standards

• The use of a 10b5-1 trading plan is a standard practice among executives at publicly traded companies like Nvidia to avoid accusations of insider trading.
• The reported sales are similar to other Form 4 filings from executives at comparable tech companies such as AMD, Intel, and Qualcomm, where executives regularly sell shares under pre-arranged plans.

Stakeholder Impact

• The stock sales by an executive may have a minor impact on investor sentiment, but the pre-arranged nature of the sales mitigates any significant concern.

Key Dates

Keywords

Nvidia, insider trading, Form 4, stock sale, Debora Shoquist, 10b5-1 plan, executive, share transaction