NVIDIA General Counsel Sells $6.79M in Stock Under 10b5-1 Plan
NVIDIA CORP
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Filing Summary
NVIDIA General Counsel Sells $6.79M in Stock Under 10b5-1 Plan
Company: NVIDIA CORP (NVDA)
Form: 4 | Filed: 2026/09/23
Significance: Low
Insider: Timothy S. Teter Title: EVP, General Counsel and Sec | Relationship: Officer
Transaction: • Type: Sell • Shares: 30,460 • Avg Price: $222.80 • Value: $6,786,533 • Owned After (Trust): 2,687,660
Key Insight: Routine programmatic sale executed pursuant to a pre-arranged Rule 10b5-1 plan adopted in May 2026, representing less than 0.001% of company market capitalization.
Market Context: At a mega-cap valuation of $5.36 trillion, the transaction carries negligible dilution or liquidity impact.
Comprehensive Analysis
SEC Filing Analysis: NVIDIA CORP (NVDA)
Executive Summary
- Trading Significance: Low
- Key Takeaway: EVP and General Counsel Timothy S. Teter sold 30,460 shares for approximately $6.79M pursuant to a pre-established Rule 10b5-1 trading plan.
- Market Impact: Neutral; immaterial transaction relative to NVIDIA's $5.36 trillion market capitalization.
Company Information
| Field | Value |
|---|---|
| Company | NVIDIA CORP |
| Ticker Symbol | NVDA |
| CIK | 0001045810 |
| Industry | Semiconductors & Related Devices |
Insider Information
| Field | Value |
|---|---|
| Name | Timothy S. Teter |
| CIK | 0001696841 |
| Title/Position | EVP, General Counsel and Sec |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-09-21 |
| Transaction Code | S (Open market sale) |
| Security Type | Common Stock |
| Shares Involved | 30,460 |
| Price Per Share | $222.80 (weighted average) |
| Total Value | $6,786,532.59 |
| Shares Owned After | 2,687,660 (Indirect via Trust) |
| Ownership Type | Indirect (By Trust) |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $6,786,532.59 |
| % of Market Cap | 0.000127% |
| Shares Transacted | 30,460 |
| % of Shares Outstanding | 0.000126% |
| Post-Transaction Ownership | 2,955,898 total shares (0.0122% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: NVIDIA operates in the mega-cap tier with a market valuation exceeding $5.35 trillion. A $6.79 million disposition is statistically negligible.
- Ownership Concentration: The insider maintains substantial ownership totaling over 2.95 million shares across direct and indirect holdings, selling roughly 1% of total combined holdings.
- Dilution Impact: None; the transaction represents open market sales of previously issued shares.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: Pre-scheduled 10b5-1 transaction accounting for an imperceptible fraction of daily average volume and total shares outstanding.
Volume & Sentiment
- Expected Volume Impact: Negligible impact on trading liquidity.
- Sentiment Indicator: Neutral
Additional Context
- Special Circumstances: The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2026. Prior to the sale, 30,460 shares were transferred without consideration from direct holdings to The Horne Teter Family Living Trust.
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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.