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: 2026-10-09 Significance: Low
Insider: Coxe Tench Title: Director | Relationship: Director
Transaction: • Type: Gift (Disposition) • Shares: 500,000 • Price: $0.00 • Value: $0.00 • Owned After: 23,671,360 (Trust)
Key Insight: Director Tench Coxe transferred 500,000 shares as a bona fide gift without consideration pursuant to a Rule 10b5-1 plan adopted March 19, 2026.
Market Context: The disposition represents approximately 0.002% of NVIDIA's 24.2 billion outstanding shares and carries no direct open-market selling pressure.
Comprehensive Analysis
SEC Filing Analysis: NVIDIA CORP (NVDA)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Long-time board director Tench Coxe disposed of 500,000 shares via a charitable or familial gift transfer without market consideration pursuant to a Rule 10b5-1 trading plan.
- Market Impact: Neutral; transfer creates zero direct selling volume in the open market.
Company Information
| Field | Value |
|---|---|
| Company | NVIDIA CORP |
| Ticker Symbol | NVDA |
| CIK | 0001045810 |
| Industry | Semiconductors & Related Devices |
Insider Information
| Field | Value |
|---|---|
| Name | Tench Coxe |
| CIK | 0001197647 |
| Title/Position | Director |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-10-07 |
| Transaction Code | G (Gift) |
| Security Type | Common Stock |
| Shares Involved | 500,000 |
| Price Per Share | $0.00 |
| Total Value | $0.00 |
| Shares Owned After | 23,671,360 (Trust) |
| Ownership Type | Indirect (Trust) |
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 | 28,581,218 total shares (~0.1181% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Against NVIDIA's mega-cap valuation of $5,638.20 billion, this non-market transfer represents an immaterial fraction (0.0021%) of total outstanding equity.
- Ownership Concentration: Tench Coxe continues to maintain massive exposure, beneficially controlling over 28.58 million shares across trust accounts, profit sharing plans, and direct holdings.
- Dilution Impact: None; the transaction involves existing secondary shares.
- Transaction Significance: Low significance due to the non-commercial nature (Code G gift) executed under a pre-established Rule 10b5-1 trading plan.
Market Impact Analysis
- Direction: Neutral
- Reasoning: Gifts do not involve open-market transactions or indicate executive sentiment regarding the company's financial or operational performance.
- Expected Volume Impact: Negligible to none.
- Sentiment Indicator: Neutral
Additional Context
- Special Circumstances: The disposition was executed pursuant to a pre-arranged Rule 10b5-1 trading plan established on March 19, 2026.
- Beneficial Holdings: Following the gift, Coxe retains 23,671,360 shares in trust, 4,852,480 shares via the SHV Profit Sharing Plan Trust, and 57,378 direct shares.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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