NVIDIA (NVDA) EVP/General Counsel Timothy S. Teter Sells 30,460 Shares

What Happened
Timothy S. Teter, NVIDIA EVP, General Counsel and Secretary, reported three open-market sales on 2026-09-21 disposing a total of 30,460 NVDA shares for aggregate proceeds of approximately $6,786,533. The sales consisted of: 12,483 shares at an average price of $222.19 ($2,773,638), 13,478 shares at $223.05 ($3,006,253), and 4,499 shares at $223.75 ($1,006,642). These are sales (not purchases), which are typically routine distributions of shares rather than a bullish signal.

Key Details

• Transaction date: September 21, 2026; Form 4 filed September 23, 2026 (appears timely).
• Trade details and price ranges:
  • 12,483 shares — avg $222.19 (prices ranged $221.59–$222.58).
  • 13,478 shares — avg $223.05 (prices ranged $222.59–$223.58).
  • 4,499 shares — avg $223.75 (prices ranged $223.59–$224.00).
• Total shares sold: 30,460; total proceeds: ~$6,786,533.
• The filing states the sales were effected pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Teter on May 22, 2026 (pre-arranged plan).
• The filing also notes a transfer of 30,460 shares without consideration to The Horne Teter Family Living Trust (Mr. Teter is trustee) and lists shares held by the Trust.
• Shares owned after the transaction: not specified in the excerpt provided — see the full Form 4 for post-transaction beneficial ownership.

Context

• Sales under a 10b5‑1 plan are pre-scheduled and commonly used by insiders to automate routine sales while avoiding questions about trading on material nonpublic information.
• These are outright sales (S code) of stock — not option exercises, awards, or gifts. Such sales are informational; they do not by themselves indicate the insider’s view of the company’s future.