Puri Ajay K 4
4 · NVIDIA CORP · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
NVIDIA EVP Ajay Puri Sells 300,000 Shares
What Happened
Ajay K. Puri, NVIDIA’s Executive Vice President, Worldwide Field Operations, sold 300,000 shares in open-market transactions on March 10, 2026 for total proceeds of approximately $54.76M (275,060 shares at $182.47 = $50,189,180; 24,940 shares at $183.11 = $4,566,863). The filing also reports a grant of 47,048 restricted stock units (RSUs) on March 9, 2026 (awarded for no consideration).
Key Details
- Sale dates and prices: March 10, 2026 — 275,060 shares at a weighted avg $182.47 (range $182.03–$183.02); 24,940 shares at weighted avg $183.11 (range $183.03–$183.28). Total proceeds ≈ $54,756,043.
- Grant: 47,048 RSUs awarded March 9, 2026 (no cash paid). Vesting: 6.25% on June 17, 2026 and 6.25% every three months thereafter, fully vesting ~4 years from grant (see footnote).
- Plan/authority: Sales were effected under a Rule 10b5-1 trading plan adopted Sept 19, 2025.
- Holdings: Some sold shares were held in trusts (Ajay K. Puri Revocable Trust and The Puri 2019 Irrevocable Children's Trust); Mr. Puri is trustee and disclaims beneficial ownership of the irrevocable trust shares except to the extent of any pecuniary interest.
- Filing timeliness: No late filing is indicated in the provided report.
Context
- The sales were executed under a pre-established 10b5-1 plan, which is a common mechanism for insiders to sell shares according to preset parameters and does not, by itself, indicate a change in insider sentiment.
- The RSU award vests over time (quarterly after June 17, 2026) and was granted for no consideration—this is a typical form of executive compensation rather than an immediate purchase.
Insider Transaction Report
Form 4
NVIDIA CORPNVDA
Puri Ajay K
EVP, Worldwide Field Ops
Transactions
- Award
Common Stock
[F1][F2]2026-03-09+47,048→ 706,777 total - Sale
Common Stock
[F3][F4][F5]2026-03-10$182.47/sh−275,060$50,189,180→ 3,343,487 total(indirect: By Trust) - Sale
Common Stock
[F3][F6][F5]2026-03-10$183.11/sh−24,940$4,566,863→ 3,318,547 total(indirect: By Trust)
Holdings
- 46,360(indirect: By Trust)
Common Stock
[F7]
Footnotes (7)
- [F1]The restricted stock units ("RSUs") shall vest as to 6.25% of the shares on June 17, 2026 and 6.25% of the shares every three months thereafter, such that the shares are fully vested on approximately the four (4) year anniversary of the date of grant.
- [F2]The shares represent RSUs that were received as an award, for no consideration.
- [F3]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 19, 2025.
- [F4]Represents weighted average sales price. The shares were sold at prices ranging from $182.030 to $183.020. The Reporting Person will provide upon request, to the Securities and Exchange Commission (the "SEC"), the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F5]The shares are held by the Ajay K. Puri Revocable Trust dtd 12/10/2015, of which the Reporting Person is trustee.
- [F6]Represents weighted average sales price. The shares were sold at prices ranging from $183.030 to $183.280. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F7]The shares are held by The Puri 2019 Irrevocable Children's Trust dtd 12/06/2019, of which the Reporting Person is trustee. Mr. Puri disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein, if any.
Signature
/s/ Tina Ashcraft, Attorney-in-Fact for Ajay K. Puri|2026-03-11