NVIDIA Form 144 Files Notice for 72,000-Share Sale on NASDAQ
Rhea-AI Filing Summary
NVIDIA Corporation (NVDA) Form 144 notifies the SEC of a proposed sale of 72,000 shares of common stock through Charles Schwab & Co., Inc., with an aggregate market value of $12,285,063.00. The proposed approximate sale date is 09/02/2025 on NASDAQ. The filing lists that the shares were acquired through restricted stock lapses on multiple dates between 2021 and 2024, with lot sizes of 3,250, 28,480, 3,250, and 37,020 shares, and payments characterized as equity compensation.
The filer certifies there are no securities sold in the past three months to report and includes the required representation that they are unaware of undisclosed material adverse information about the issuer. The filing provides broker details and acquisition history but does not identify the selling person's name or additional context about the reason for the sale.
Positive
- Regulatory compliance: The filing provides required transaction details (class, broker, quantity, market value, acquisition history).
- Transparency on acquisition: Acquisition dates and that shares arose from restricted stock lapses and equity compensation are disclosed.
Negative
- Large proposed sale disclosed: 72,000 shares valued at $12,285,063.00 could be material to market perception.
- Limited seller context: The filing does not identify the selling individual or state whether a 10b5-1 trading plan governs the sale.
Insights
TL;DR: Insider-form sale planned for 72,000 NVDA shares (~$12.3M) disclosed via Form 144; acquisition lots were equity comp.
This Form 144 is a routine compliance filing indicating a proposed sale of 72,000 shares valued at $12,285,063 through Charles Schwab on NASDAQ. The shares originate from restricted stock lapses across 2021–2024 and are labeled as equity compensation. The filing states no sales in the past three months and includes the standard attestation about undisclosed material information. For investors, this document is primarily a disclosure of an intended sale; it does not identify the seller by name nor state whether the sale is part of a trading plan.
TL;DR: Filing meets regulatory disclosure requirements but lacks seller identity and plan details.
The Form 144 provides required transaction-level details—class, broker, quantity, value, acquisition dates, and nature of acquisition—showing compliance with Rule 144 notice obligations. It omits the selling person's name and any reference to a Rule 10b5-1 trading plan adoption date, leaving unanswered whether the sale is pre-planned. The absence of recent sales reporting ("Nothing to Report") is noted. This filing is procedurally sound but limited in governance context.