$NVDA · NVIDIA CORP
NVIDIA director Mark Stevens filed a Form 4 disclosing the sale of 1,022,239 shares across seven transactions, generating total proceeds of $235,636,867.41. The sales were executed at prices between $227.70 and $234.00 per share. Stevens is a director only (not an officer or 10% owner) and the transactions were not executed under a 10b5-1 trading plan. Post-sale, Stevens holds 2,336,531 shares.
- Total proceeds: $235,636,867.41 across seven separate sale transactions
- 1,022,239 shares sold at prices ranging from $227.70 to $234.00
- No 10b5-1 plan was used — sales were discretionary
- Stevens retains 2,336,531 shares after the disposals
- Stevens is a director only, not an officer or 10% owner
NVDA is down 2.01% in the regular session to $225.73. The $235.6M insider sale, executed without a 10b5-1 plan, may add modest near-term pressure given the size and discretionary nature, though it represents a fraction of NVDA's $5.47T market cap.
A $235.6M insider cluster sale by a long-serving director, executed without a pre-arranged trading plan, is notable even for a $5.47T company.
Large insider sales at mega-cap semiconductor firms draw attention but are common among long-tenured directors managing concentrated equity positions. Stevens has been an NVDA director since 2008.
Discretionary sales without a 10b5-1 plan can raise perception concerns about insider confidence, though the retained stake of 2.3M+ shares mitigates the signal.
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