COXE TENCH 4
Research Summary
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NVIDIA Director Tench Coxe Gifts 500,000 Shares
What Happened
- Tench Coxe, a director of NVIDIA Corp. (NVDA), reported a gift (code G) of 500,000 shares on July 1, 2026. The filing shows the shares were disposed with $0 consideration (reported value $0). The report notes the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 19, 2026, and that the gift was made without consideration.
Key Details
- Transaction date: 2026-07-01 (Gift, code G)
- Price/consideration reported: $0.00 (gift without consideration)
- Shares disposed: 500,000
- Shares owned after transaction: Not disclosed in this filing
- Relevant footnotes:
- F1: Transaction effected under a 10b5-1 trading plan (adopted Mar 19, 2026)
- F2: Gift without consideration
- F3: Some shares are held by a trust of which the reporting person is trustee; the reporting person disclaims beneficial ownership except for any pecuniary interest
- F4: Some shares are held in the SHV Profit Sharing Plan (a retirement trust) for the benefit of the reporting person
- Filing date: July 6, 2026 (filed several days after the reported transaction)
Context
- Gifts (code G) are disposals that do not necessarily reflect the insider’s view of the company’s prospects and often have estate/planning or charitable motives. The presence of a 10b5-1 plan indicates the transfer was made under a pre-established plan. Investors should note the filing was submitted several days after the transaction date; Form 4s are generally required within two business days (the filing does not include a late-filing code).