NVIDIA CORP·4

Mar 20, 8:07 PM ET

Kress Colette 4

Research Summary

AI-generated summary

Updated

NVIDIA CFO Colette Kress Sells ~62,650 Shares

What Happened

  • Colette Kress, Chief Financial Officer of NVIDIA Corporation (NVDA), disposed of a total of 139,185 shares across two events: 76,535 shares were withheld by the issuer on Mar 18 to satisfy taxes on vested restricted stock units (tax-withholding, code F) at $181.93/share (value ~$13.9M), and 62,650 shares were sold in multiple open-market transactions on Mar 20 (code S) for aggregate proceeds of approximately $10.96M. Combined value of the dispositions is roughly $24.9M.
  • The open-market sales on Mar 20 were executed under a Rule 10b5-1 trading plan adopted by Kress on Mar 4, 2025 (footnote F3). Sale prices (weighted averages reported) and footnotes indicate trade prices ranged roughly from $171.85 to $177.92 per share across the different blocks.

Key Details

  • Transaction dates: Mar 18, 2026 (tax withholding of 76,535 shares @ $181.93); Mar 20, 2026 (open-market sales totaling 62,650 shares, aggregate ~$10.96M).
  • Value: tax-withheld shares ≈ $13,924,013; open-market proceeds ≈ $10,956,705; combined ≈ $24.88M.
  • Footnotes: F1 = issuer withheld shares to satisfy taxes; F2 = 68,798 shares were issued upon RSU vesting; F3 = open-market sales pursuant to a 10b5-1 plan; F4–F10 = weighted-average sales prices with per-price breakdown available on request.
  • Shares owned after the transactions: not specified in the provided filing excerpt.
  • Filing: Form 4 filed 2026-03-20 reporting transactions on 2026-03-18 and 2026-03-20. No indication in the provided data that the filing was late.

Context

  • The Mar 18 disposition was a tax-withholding event tied to RSU vesting (routine administrative disposition, transaction code F). The Mar 20 sales were pre-arranged under a 10b5-1 plan, meaning trades were scheduled in advance and are typically viewed as routine rather than ad hoc market-timing.
  • For retail investors: purchases by insiders often carry more direct bullish signal than routine sales; these transactions appear to be a mix of tax-related withholding and planned open-market sales rather than discretionary sales announced outside a trading plan.
  • If you need the exact per-trade prices for the weighted-average blocks, the filing’s footnotes state the reporting person will provide full per-price breakdowns upon request to the SEC or issuer.