NVIDIA General Counsel Sells $7.58M in Stock for Tax Obligations
NVIDIA CORP
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Filing Summary
NVIDIA General Counsel Sells $7.58M in Stock for Tax Obligations
Company: NVIDIA CORP (NVDA)
Form: 4 | Filed: 2026-09-18
Significance: Low
Insider: Timothy S. Teter Title: EVP, General Counsel and Sec | Relationship: Officer
Transaction Details: • Type: Tax Withholding (Code F) • Shares: 35,738 • Price: $212.17 • Total Value: $7,582,531.46 • Direct Shares Owned After: 298,698 • Indirect Shares (Trust): 2,687,660
Key Insight: This transaction represents routine automatic share withholding to satisfy tax obligations resulting from RSU vesting, rather than a discretionary open-market sale.
Market Context: At NVIDIA's $5.08T market capitalization, the $7.58M disposition represents less than 0.0002% of total equity value and has no impact on company fundamentals.
Comprehensive Analysis
SEC Filing Analysis: NVIDIA CORP (NVDA)
Executive Summary
- Trading Significance: Low
- Key Takeaway: EVP and General Counsel Timothy S. Teter had 35,738 shares withheld to cover tax obligations upon RSU vesting.
- Market Impact: Neutral; routine non-discretionary tax withholding with zero impact on market liquidity or company float.
Company Information
| Field | Value |
|---|---|
| Company | NVIDIA CORP |
| Ticker Symbol | NVDA |
| CIK | 0001045810 |
| Industry | Semiconductors & Related Devices |
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 | 2026-09-16 |
| Transaction Code | F (Tax Withholding) |
| Security Type | Common Stock |
| Shares Involved | 35,738 |
| Price Per Share | $212.17 |
| Total Value | $7,582,531.46 |
| Shares Owned After | 298,698 (Direct) / 2,687,660 (Indirect) |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $7,582,531.46 |
| % of Market Cap | 0.00015% |
| Shares Transacted | 35,738 |
| % of Shares Outstanding | 0.00015% |
| Post-Transaction Ownership | 2,986,358 total shares (~0.0123% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Against NVIDIA's mega-cap valuation of $5,084.14 billion, the $7.58 million transaction is immaterial.
- Ownership Concentration: The reporting person retains 298,698 direct shares and 2,687,660 indirect shares through a family trust, maintaining substantial equity exposure.
- Transaction Significance: Because this was an involuntary tax disposition (Code F) following RSU vesting, it carries no predictive signal for the stock.
Market Impact Analysis
- Stock Impact Direction: Neutral
- Reasoning: Non-discretionary statutory withholding to cover tax liabilities associated with equity compensation.
- Expected Volume Impact: Negligible; absorbed immediately without open-market pressure.
- Sentiment Indicator: Neutral
Additional Context
- Transaction Notes: Footnote 1 confirms the shares were withheld by the issuer to cover withholding taxes due upon RSU vesting. Footnote 2 notes the post-transaction count includes 30,460 shares acquired via that same vesting event.
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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.