Puri Ajay K 4
4 · NVIDIA CORP · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
NVIDIA (NVDA) EVP Ajay Puri Sells 369,529 Shares
What Happened
- Ajay K. Puri, EVP Worldwide Field Operations at NVIDIA (NVDA), disposed of a total of 369,529 shares on March 18, 2026. That comprised 300,000 shares sold in open-market transactions (three blocks) and 69,529 shares withheld by the company to satisfy taxes on vested restricted stock units (RSUs). Reported dollar amounts: $3,604,664 (19,881 shares @ $181.31), $49,244,834 (270,134 shares @ $182.30), $1,826,642 (9,985 shares @ $182.94) and $12,649,411 (69,529 shares @ $181.93), totalling about $67.33 million. These are sales/dispositions (not purchases).
Key Details
- Transaction date: March 18, 2026; Form 4 filed March 20, 2026 (appears timely; Form 4 is generally due within 2 business days).
- Breakdown:
- 69,529 shares surrendered/withheld to cover taxes on RSU vesting (tax-withholding, footnote F1/F2) — $12,649,411.
- 19,881 shares sold in open market at $181.31 — $3,604,664 (price range for this block reported as $180.77–$181.76 per footnote).
- 270,134 shares sold in open market at $182.30 — $49,244,834 (price range for this block reported as $181.77–$182.76 per footnote).
- 9,985 shares sold in open market at $182.94 — $1,826,642 (price range for this block reported as $182.77–$183.32 per footnote).
- Total shares disposed: 369,529; total proceeds/consideration ≈ $67.33M.
- A portion of the reported sales were effected under a Rule 10b5-1 trading plan adopted by Mr. Puri on Sept 19, 2025 (footnote F3).
- Some shares are held in trusts for which Mr. Puri is trustee (Ajay K. Puri Revocable Trust; The Puri 2019 Irrevocable Children's Trust) and disclaimers apply (footnotes F5, F8).
- Filing notes that 70,701 shares were issued upon RSU vesting (footnote F2). The Form 4 excerpt provided does not state total shares owned by Mr. Puri after these transactions — see the full Form 4 for post-transaction holdings.
Context
- These transactions are disposals (sales and tax-withholding on vested RSUs). The open-market sales were at multiple price points and some were executed under a pre-arranged 10b5-1 plan, which schedules sales regardless of subsequent company developments. The tax-withholding reflects RSU vesting and is a common, administrative disposition (cashless withholding) rather than a separate market sale.
Insider Transaction Report
Form 4
NVIDIA CORPNVDA
Puri Ajay K
EVP, Worldwide Field Ops
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-03-18$181.93/sh−69,529$12,649,411→ 637,248 total - Sale
Common Stock
[F3][F4][F5]2026-03-18$181.31/sh−19,881$3,604,664→ 3,298,666 total(indirect: By Trust) - Sale
Common Stock
[F3][F6][F5]2026-03-18$182.30/sh−270,134$49,244,834→ 3,028,532 total(indirect: By Trust) - Sale
Common Stock
[F3][F7][F5]2026-03-18$182.94/sh−9,985$1,826,642→ 3,018,547 total(indirect: By Trust)
Holdings
- 46,360(indirect: By Trust)
Common Stock
[F8]
Footnotes (8)
- [F1]Represents shares withheld by the Issuer to satisfy taxes due by the Reporting Person in connection with the vesting of restricted stock units previously reported on a Form 4.
- [F2]Includes 70,701 shares issued upon the vesting of restricted stock units previously reported on a Form 4.
- [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 $180.770 to $181.760. 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 $181.770 to $182.760. 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]Represents weighted average sales price. The shares were sold at prices ranging from $182.770 to $183.320. 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.
- [F8]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|2026-03-20