[Form 4] Nvidia Corp Insider Trading Activity

Rhea-AI Filing Summary

Triumph Group, Inc. (TGI) – Form 4 discloses that director Courtney Mather disposed of her entire equity stake on 24 Jul 2025 as a direct result of the company’s merger with Titan BW Acquisition Holdco.

• 22,178 common shares (including 10,324 RSUs) were automatically cancelled and converted into the right to receive $26.00 in cash per share, the consideration specified in the February 2, 2025 Merger Agreement.
• No derivative securities were outstanding or exercised, and post-transaction beneficial ownership is 0 shares.

The Form 4 is a procedural notice confirming the cash-out of insider holdings and the legal completion of the merger, rather than a discretionary trade.

Insights

M&A Specialist

TL;DR: Filing confirms merger closed; insider shares cashed at $26, no remaining stake — administrative, mildly positive.

The disposition is entirely merger-driven. Because every outstanding share was exchanged for cash, insider selling does not signal negative sentiment. Instead, it validates that the all-cash acquisition of Triumph Group has reached its effective date and that consideration has been delivered. From a deal-arbitrage perspective the filing removes residual execution risk, supporting a positive view on closing proceeds. Impact is limited to confirmation; market should have priced this in when the closing was announced.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HUANG JEN HSUN

(Last) (First) (Middle)

C/O NVIDIA CORPORATION

2788 SAN TOMAS EXPRESSWAY

(Street)

SANTA CLARA CA 95051

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NVIDIA CORP [ NVDA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/24/2025		S(1)		13,798	D	$172.0758(2)	74,109,427	D
Common Stock	07/24/2025		S(1)		34,909	D	$172.8449(3)	74,074,518	D
Common Stock	07/24/2025		S(1)		26,293	D	$173.571(4)	74,048,225	D
Common Stock	07/25/2025		S(1)		46,701	D	$173.657(5)	74,001,524	D
Common Stock	07/25/2025		S(1)		28,299	D	$174.2598(6)	73,973,225	D
Common Stock	07/28/2025		S(1)		36,083	D	$174.8635(7)	73,937,142	D
Common Stock	07/28/2025		S(1)		33,967	D	$175.4397(8)	73,903,175	D
Common Stock	07/28/2025		S(1)		4,950	D	$176.3777(9)	73,898,225	D
Common Stock								582,503,470	I	By Trust(10)
Common Stock								49,489,560	I	By Partnership(11)
Common Stock								22,280,000	I	By Irrevocable Trust(12)
Common Stock								50,078,000	I	By Irrevocable Remainder Trust(13)
Common Stock								29,512,185	I	By Grantor Retained Annuity Trust 1(14)
Common Stock								29,512,185	I	By Grantor Retained Annuity Trust 2(15)
Common Stock								10,000,000	I	By Limited Liability Company 1(16)
Common Stock								10,000,000	I	By Limited Liability Company 2(17)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 20, 2025.

2. Represents weighted average sales price. The shares were sold at prices ranging from $171.380 to $172.370. The Reporting Person will provide upon request, to the Securities and Exchange Commission (the "SEC"), the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

3. Represents weighted average sales price. The shares were sold at prices ranging from $172.380 to $173.375. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

4. Represents weighted average sales price. The shares were sold at prices ranging from $173.380 to $173.815. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

5. Represents weighted average sales price. The shares were sold at prices ranging from $173.010 to $174.005. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

6. Represents weighted average sales price. The shares were sold at prices ranging from $174.010 to $174.670. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

7. Represents weighted average sales price. The shares were sold at prices ranging from $174.040 to $175.035. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

8. Represents weighted average sales price. The shares were sold at prices ranging from $175.040 to $176.030. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

9. Represents weighted average sales price. The shares were sold at prices ranging from $176.040 to $176.705. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

10. The shares are held by Jen-Hsun Huang and Lori Huang, as co-trustees of the Jen-Hsun & Lori Huang Living Trust, u/a/d May 1, 1995 (the "Trust").

11. The shares are held by J. and L. Huang Investments, L.P., of which the Trust is the general partner.

12. The shares are held by The Huang 2012 Irrevocable Trust, of which the Reporting Person is a trustee.

13. The shares are held by The Huang Irrevocable Remainder Trust u/a/d February 19, 2016, of which the Reporting Person is a trustee.

14. The shares are held by The Lori Lynn Huang 2016 Annuity Trust II Agreement.

15. The shares are held by The Jen-Hsun Huang 2016 Annuity Trust II Agreement.

16. The shares are held by TARG S LLC, of which the Trust is the sole member.

17. The shares are held by TARG M LLC, of which the Trust is the sole member.

Remarks:

	/s/ Rebecca Peters, Attorney-in-Fact for Jen-Hsun Huang	07/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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