Research Summary
AI-generated summary of this SEC filing
NVIDIA (NVDA) EVP Timothy Teter Sells 30,000 Shares
What Happened
Timothy S. Teter, NVIDIA’s Executive Vice President, General Counsel and Secretary, sold a total of 30,000 NVDA shares in open-market transactions on August 31, 2026, generating proceeds of approximately $6,536,515. The sales were reported on a Form 4 filed September 2, 2026. The three reported trades were: 6,692 shares at $216.84 ($1,451,101), 13,913 shares at $217.95 ($3,032,358), and 9,395 shares at $218.53 ($2,053,056).
Key Details
- Transaction date: 2026-08-31; Form 4 filed: 2026-09-02 (reporting period 2026-08-31).
- Total sold: 30,000 shares for total proceeds of $6,536,515 (approx. $6.54M).
- Per-lot details: 6,692 @ $216.84; 13,913 @ $217.95; 9,395 @ $218.53.
- Footnotes: sales were effected pursuant to a Rule 10b5-1 trading plan adopted May 22, 2026 (F1). Weighted-average price footnotes report underlying price ranges: $216.26–$217.25 (F2), $217.28–$218.26 (F4), $218.28–$219.25 (F5). F3 notes certain shares are held by The Horne Teter Family Living Trust (reporting person is trustee).
- Shares owned after the transactions are not specified in the information provided.
- Filing appears to be within the normal Form 4 reporting window (no late-filing indication in provided data).
Context
These were sell transactions executed under a pre-established 10b5-1 plan, which is a common mechanism executives use to sell shares on a predetermined schedule and can reduce the inference that sales reflect current views on the company. Sales are routine and do not, on their own, indicate company performance; purchases typically carry more signal for retail investors.