NVIDIA General Counsel Sells $6.54M in Planned 10b5-1 Trade
NVIDIA CORP
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Filing Summary
NVIDIA General Counsel Sells $6.54M in Planned 10b5-1 Trade
Company: NVIDIA CORP (NVDA)
Form: 4 | Filed: 2026-09-02
Significance: Low
Insider: Timothy S. Teter Title: EVP, General Counsel and Sec | Relationship: Officer
Transaction: • Type: Sale (Rule 10b5-1) • Shares: 30,000 • Price: ~$217.88 (weighted average) • Value: $6,536,515 • Owned After: 3,022,096 shares (Direct + Indirect Trust)
Key Insight: Routine, planned disposition under a Rule 10b5-1 trading plan established in May 2026, representing less than 1% of the insider's total equity holdings and a negligible fraction of NVIDIA's market cap.
Market Context: Transaction executed across three tranches on August 31, 2026, within standard pre-established executive diversification parameters.
Comprehensive Analysis
SEC Filing Analysis: NVIDIA CORP (NVDA)
Executive Summary
- Trading Significance: Low
- Key Takeaway: EVP and General Counsel Timothy S. Teter sold 30,000 shares totaling approximately $6.54M pursuant to a pre-scheduled Rule 10b5-1 trading plan.
- Market Impact: Neutral; the transaction is negligible relative to NVIDIA's $5.24T market capitalization and represents under 1% of the insider's holdings.
Company Information
| Field | Value |
|---|---|
| Company | NVIDIA CORP |
| Ticker Symbol | NVDA |
| CIK | 0001045810 |
| Industry | Semiconductors & Related Devices [3674] |
Insider Information
| Field | Value |
|---|---|
| Name | Teter Timothy S. |
| CIK | 0001696841 |
| Title/Position | EVP, General Counsel and Sec |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-08-31 |
| Transaction Code | S (Open market sale) |
| Security Type | Common Stock |
| Shares Involved | 30,000 |
| Price Per Share | ~$217.88 (Weighted Average: $216.84 - $218.53) |
| Total Value | $6,536,514.94 |
| Shares Owned After | 3,022,096 (2,687,660 Indirect + 334,436 Direct) |
| Ownership Type | Indirect (By Trust) |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $6,536,514.94 |
| % of Market Cap | 0.000125% |
| Shares Transacted | 30,000 |
| % of Shares Outstanding | 0.000124% |
| Post-Transaction Ownership | 3,022,096 shares (0.0125% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: In the context of NVIDIA's mega-cap valuation ($5,235.48B), a $6.54M disposition is standard executive compensation liquidity and has no statistical impact on the float.
- Ownership Concentration: Mr. Teter retains substantial equity exposure with over 3.02 million shares (~$658M in value), with this sale representing only 0.98% of his total reported position.
- Dilution Impact: None; open-market disposition of existing shares.
- Transaction Significance: Low significance given the use of a Rule 10b5-1 plan and the small fraction of insider ownership liquidated.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The disposition was scheduled in advance via a Rule 10b5-1 plan adopted on May 22, 2026, and represents a fraction of daily trading volume.
Volume & Sentiment
- Expected Volume Impact: Negligible; 30,000 shares is immaterial against NVDA's regular daily liquidity.
- Sentiment Indicator: Neutral
Additional Context
Transaction Notes
- Timing: Executed on August 31, 2026 across weighted price brackets of $216.84, $217.95, and $218.53.
- Special Circumstances: Conducted under a Rule 10b5-1 trading plan established on May 22, 2026.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.