Nvidia Board Member's $32M Stock Dump Raises Eyebrows Despite Planned Sales

Rhea-AI Filing Summary

Nvidia director A Brooke Seawell has filed Form 144 indicating a proposed sale of 51,455 shares with an aggregate market value of $7,999,881.09 through Rockefeller Capital Management. The sale is planned for June 26, 2025, on the Nasdaq exchange.

Key transaction details:

• Original acquisition: 51,455 shares via stock options on August 12, 2004
• Recent trading activity: The Rosemary and A Brooke Seawell Rev Trust has conducted four separate sales in the past week, each valued at approximately $8 million, totaling over 218,204 shares
• Trading plan: Operating under a Rule 10b5-1 plan adopted on March 19, 2025

The filing indicates the seller has no knowledge of material adverse information regarding Nvidia's operations that hasn't been publicly disclosed. The transaction is being executed through National Financial Services LLC as attorney-in-fact for Seawell.

Positive

• None.

Negative

• Director A. Brooke Seawell has executed significant insider sales totaling over $31.9M in the past week (219,659 shares total), including the proposed sale of 51,455 shares worth ~$8M, indicating a substantial reduction in insider holdings
• The sales are part of a pre-planned 10b5-1 trading plan adopted in March 2025, but the concentrated selling pattern over just one week represents notable insider liquidation

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001197652
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NVIDIA CORP
SEC File Number	000-23985
Address of Issuer	2788 SAN TOMAS EXPRESSWAY SANTA CLARA CALIFORNIA 95051
Phone	408-486-2000
Name of Person for Whose Account the Securities are To Be Sold	SEAWELL A BROOKE
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Rockefeller Capital Management Two Embarcadero Center Suite 232 San Francisco CA 94111	51455	7999881.09	24400000000	06/26/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/12/2004	Stock Options	NVDA			51455	02/12/2004	cash/check

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Rosemary and A Brooke Seawell Rev Trust 2788 San Tomas Expressway Santa Clara CA 95051	NVIDIA	06/20/2025	55282	7999885.00
Rosemary and A Brooke Seawell Rev Trust 2788 San Tomas Expressway, Santa Clara CA 95051	NVIDIA	06/23/2025	55681	7999891.98
Rosemary and A Brooke Seawell Rev Trust 2788 San Tomas Expressway Santa Clara CA 95051	NVIDIA	06/24/2025	54467	7999955.57
Rosemary and A Brooke Seawell Rev Trust 2788 San Tomas Expressway, Santa Clarea CA 95051	NVIDIA	06/25/2025	52774	7999942.26

144: Remarks and Signature

Remarks	Shares sold from the following Trust account: ROSEMARY AND A. BROOKE SEAWELL REV TR
Date of Notice	06/26/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/19/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Carmen Zamores as a duly authorized representative of National Financial Services LLC, as attorney-in-fact for SEAWELL A BROOKE
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many NVDA shares is Director Brooke Seawell planning to sell according to the Form 144 filing from June 28, 2025?

According to the Form 144 filing, Director Brooke Seawell plans to sell 51,455 shares of NVDA common stock with an aggregate market value of $7,999,881.09 through Rockefeller Capital Management.

What is the total value of NVDA shares sold by Brooke Seawell's trust in the past 3 months before this Form 144?

In the three months prior to this filing, the Rosemary and A Brooke Seawell Rev Trust sold four batches of NVDA shares totaling approximately $32 million: 55,282 shares on 6/20/2025, 55,681 shares on 6/23/2025, 54,467 shares on 6/24/2025, and 52,774 shares on 6/25/2025.

When did NVDA Director Brooke Seawell originally acquire the shares being sold in this Form 144?

According to the filing, Seawell acquired these 51,455 shares on August 12, 2004, through stock options, with the initial payment made on February 12, 2004, via cash/check.

When did NVDA Director Seawell adopt the Rule 10b5-1 trading plan for these sales?

The filing indicates that the Rule 10b5-1 trading plan was adopted on March 19, 2025, approximately three months before this Form 144 notice was filed.

What is the total number of NVDA shares outstanding according to the June 2025 Form 144?

According to the Form 144 filing, NVIDIA had 24,400,000,000 shares outstanding at the time of the filing.