NVIDIA CORP · NVDA · 4 · Filed
EVP, General Counsel and Sec Sells $6.5M in Stock
Source: SEC EDGAR, accession 0001696841-26-000010
What did NVIDIA CORP announce?
Timothy S. Teter, EVP, General Counsel and Sec, sold $6,536,514.94 worth of company stock.
Timothy S. Teter, NVIDIA's EVP, General Counsel, and Secretary, reported the sale of 30,000 shares of common stock on August 31, 2026. These sales were executed in multiple transactions at varying prices. Specifically, 6,692 shares were sold at $216.84 per share, 13,913 shares at $217.95 per share, and another 9,395 shares at $218.53 per share.
These transactions were carried out under a Rule 10b5-1 trading plan, which allows company insiders to set up a prearranged schedule for selling shares. Following these sales, Mr. Teter's indirect beneficial ownership of common stock, held through a trust, decreased.
After the reported sales, the trust now beneficially owns 2,687,660 shares of common stock. Additionally, Mr. Teter continues to hold 334,436 shares of common stock directly. The filing does not disclose the reasons behind the timing or the specific terms of the 10b5-1 plan that facilitated these sales.
Key details
- Timothy S. Teter, EVP, General Counsel and Sec, sold 30,000 shares.
- The total transaction value was $6,536,514.94.
- The sale was made under a 10b5-1 plan.
Why it matters
This 4 reports an insider transaction at NVIDIA CORP. The likely share-price reaction reads as negative.