Nvidia Board Member's $40M Stock Sales Signal Insider Trading Pattern

Rhea-AI Filing Summary

Form 144 Notice of Proposed Sale filed by Nvidia director A Brooke Seawell, indicating planned sale of 50,980 shares of common stock with an aggregate market value of $7,999,859.69. The sale is scheduled for June 27, 2025, through Rockefeller Capital Management on Nasdaq.

Key details of the transaction:

• Securities were originally acquired through stock options on August 12, 2004
• Sale is being executed under a Rule 10b5-1 trading plan adopted on March 19, 2025
• Transaction conducted through the Rosemary and A Brooke Seawell Rev Trust

Notable recent trading activity: The trust has executed five previous sales in June 2025, each valued at approximately $8 million, totaling about 269,659 shares. This consistent selling pattern suggests a structured liquidation strategy under the 10b5-1 plan. Current Nvidia shares outstanding: 24.4 billion.

Positive

• None.

Negative

• Director A. Brooke Seawell has executed significant planned sales totaling over $40M in the past week (269,659 shares), including the proposed sale of 50,980 shares worth ~$8M, indicating substantial insider selling pressure
• The insider's sales are part of a consistent pattern with 5 large transactions in the past week, suggesting systematic reduction of holdings

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	50980	7999859.69	24400000000	06/27/2025	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			50980	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 Clara CA 95051	NVIDIA	06/25/2025	52774	7999942.26
Rosemary and A Brooke Seawell Rev Trust 2788 San Tomas Expressway,, Santa Clara CA 95051	NVIDIA	06/26/2025	51455	7999881.09

144: Remarks and Signature

Remarks	Shares sold from the following Trust account: ROSEMARY AND A. BROOKE SEAWELL REV TR
Date of Notice	06/27/2025
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 filed on June 28, 2025?

According to the Form 144 filing, Director Brooke Seawell plans to sell 50,980 shares of NVIDIA common stock, with an aggregate market value of $7,999,859.69. The sale is expected to take place on the Nasdaq around June 27, 2025.

How many NVDA shares has Brooke Seawell's trust sold 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 NVIDIA shares in five transactions: 55,282 shares on June 20, 55,681 shares on June 23, 54,467 shares on June 24, 52,774 shares on June 25, and 51,455 shares on June 26, 2025. The total gross proceeds from these sales were approximately $40 million.

When did NVDA Director Brooke Seawell originally acquire the shares being sold?

According to the filing, Seawell acquired these 50,980 shares on August 12, 2004, through stock options. The payment for these options was made on February 12, 2004, via cash/check.

Is NVDA Director Brooke Seawell's Form 144 sale part of a Rule 10b5-1 trading plan?

Yes, the Form 144 indicates that Seawell is selling shares under a Rule 10b5-1 trading plan that was adopted on March 19, 2025. The sale is being executed through Rockefeller Capital Management in San Francisco.