NVIDIA Director Tench Coxe Gifts 500,000 Shares via Trust
NVIDIA CORP
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Filing Summary
NVIDIA Director Tench Coxe Gifts 500,000 Shares via Trust
Company: NVIDIA CORP (NVDA) Form: 4 | Filed: 2026-09-04 Significance: Low
Insider: COXE TENCH Title: Director | Relationship: Director
Transaction: • Type: Gift • Shares: 500,000 • Price: $0.00 • Value: $0.00 • Owned After (Direct & Indirect): 29,081,218
Key Insight: Director Tench Coxe disposed of 500,000 common shares via a bona fide gift from a family trust under a pre-established Rule 10b5-1 plan. The transaction carries zero consideration.
Market Context: The gift represents approximately 0.0021% of NVIDIA's 24.2 billion shares outstanding and has negligible impact on open-market liquidity or market capitalization.
Comprehensive Analysis
SEC Filing Analysis: NVIDIA CORP (NVDA)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Director Tench Coxe transferred 500,000 shares as a bona fide gift with $0 consideration pursuant to a Rule 10b5-1 plan.
- Market Impact: Neutral; no market impact as no open-market selling occurred.
Company Information
| Field | Value |
|---|---|
| Company | NVIDIA CORP |
| Ticker Symbol | NVDA |
| CIK | 0001045810 |
| Industry | Semiconductors & Related Devices [3674] |
Insider Information
| Field | Value |
|---|---|
| Name | COXE TENCH |
| CIK | 0001197647 |
| Title/Position | Director |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-09-02 |
| Transaction Code | G (Gift) |
| Security Type | Common Stock |
| Shares Involved | 500,000 |
| Price Per Share | $0.00 |
| Total Value | $0.00 |
| Shares Owned After | 24,171,360 (Trust) |
| Ownership Type | Indirect |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0.00 |
| % of Market Cap | 0.00% |
| Shares Transacted | 500,000 |
| % of Shares Outstanding | 0.0021% |
| Post-Transaction Ownership | 29,081,218 shares (0.1202% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Across NVIDIA's $5,235.48B market cap, the transfer has no direct financial valuation impact.
- Ownership Concentration: The insider retains substantial equity ownership of over 29 million shares across direct, trust, and profit-sharing vehicles (~0.12% of total outstanding).
- Dilution Impact: Non-dilutive transfer of existing shares.
- Transaction Significance: Routine estate planning or charitable gifting without market disposal.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: Gifts without consideration do not result in direct market order flow and reflect personal estate structuring.
Volume & Sentiment
- Expected Volume Impact: Negligible
- Sentiment Indicator: Neutral
Additional Context
Transaction Notes
- Timing: Effected September 2, 2026, reported September 4, 2026.
- Special Circumstances: Transaction executed under a Rule 10b5-1 trading plan adopted on March 19, 2026. Footnotes confirm the disposition was a gift without consideration from trust holdings.
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