NVDA Form 4: Jen‑hsun Huang reports 225,000 share sales Oct 8–10, 2025
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jen‑Hsun Huang reported a series of open‑market sales of 225,000 shares of NVIDIA Corporation (NVDA) executed between 10/08/2025 and 10/10/2025 under a Rule 10b5‑1 trading plan adopted on 03/20/2025. The sales were reported as multiple transactions with weighted average sale prices provided in ranges from about $183.01 to $195.51.
Following the reported transactions, the filing shows 70,558,203 shares held directly and multiple large indirect holdings reported by trusts, partnerships, annuity trusts and LLCs (examples: 581,378,470 shares by a Trust; 49,489,560 by a Partnership; 22,280,000 by an Irrevocable Trust). The form is filed by one reporting person and signed by an attorney‑in‑fact on 10/10/2025.
Positive
- Trades executed under a Rule 10b5‑1 plan, indicating preplanned transactions
- Extensive disclosure of indirect holdings via trusts and entities, supporting transparency
Negative
- Insider sold 225,000 shares over 10/08/2025–10/10/2025, which may prompt short‑term investor attention
Insights
Insider sold 225,000 NVDA shares via a preexisting 10b5‑1 plan over three days.
The sales total 225,000 shares executed across 10/08/2025–10/10/2025, with weighted average sale prices spanning roughly $183–$195.5. Using a Rule 10b5‑1 plan indicates the trades were preplanned rather than opportunistic market timing.
Market impact depends on context: 225,000 shares is small relative to the large indirect holdings disclosed, but investors can watch short‑term price reaction around the trade dates and any future Form 4 activity in the following weeks.
Transaction structure and ownership disclosures emphasize institutional estate planning, not a change in control.
The filing lists substantial indirect holdings across trusts, partnerships and LLCs (for example, 581,378,470 shares held by a trust and multiple annuity/irrevocable trusts holding tens of millions each), which reflect long‑term ownership structures rather than immediate liquidity events.
Governance watchers should monitor whether future trades follow the same 10b5‑1 plan schedule and review any amendments to plans; filings within 45 calendar days typically reveal running plan activity.
Insider Trade Summary
Net Seller: 225,000 shares ($42,885,101)
Net Sell
28 txns
Insider
HUANG JEN HSUN
Role
President and CEO
Sold
225,000 shs ($42.89M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,739 | $183.3881 | $502K |
| Sale | Common Stock | 2,766 | $184.8598 | $511K |
| Sale | Common Stock | 1,927 | $185.5239 | $358K |
| Sale | Common Stock | 9,767 | $187.0146 | $1.83M |
| Sale | Common Stock | 13,722 | $187.81 | $2.58M |
| Sale | Common Stock | 7,917 | $189.129 | $1.50M |
| Sale | Common Stock | 3,948 | $189.7419 | $749K |
| Sale | Common Stock | 1,308 | $191.8925 | $251K |
| Sale | Common Stock | 11,305 | $192.7424 | $2.18M |
| Sale | Common Stock | 6,632 | $193.7078 | $1.28M |
| Sale | Common Stock | 7,373 | $194.7326 | $1.44M |
| Sale | Common Stock | 5,596 | $195.3234 | $1.09M |
| Sale | Common Stock | 6,140 | $191.7014 | $1.18M |
| Sale | Common Stock | 32,972 | $192.6967 | $6.35M |
| Sale | Common Stock | 24,806 | $193.7583 | $4.81M |
| Sale | Common Stock | 10,919 | $194.3687 | $2.12M |
| Sale | Common Stock | 163 | $195.2568 | $32K |
| Sale | Common Stock | 5,606 | $187.574 | $1.05M |
| Sale | Common Stock | 59,642 | $188.3594 | $11.23M |
| Sale | Common Stock | 9,752 | $189.0491 | $1.84M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 70,630,464 shares (Direct);
Common Stock — 581,378,470 shares (Indirect, By Trust)
Footnotes (1)
- The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 20, 2025. Represents weighted average sales price. The shares were sold at prices ranging from $186.860 to $187.850. 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. Represents weighted average sales price. The shares were sold at prices ranging from $187.860 to $188.855. 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. Represents weighted average sales price. The shares were sold at prices ranging from $188.860 to $189.340. 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. Represents weighted average sales price. The shares were sold at prices ranging from $191.170 to $192.160. 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. Represents weighted average sales price. The shares were sold at prices ranging from $192.170 to $193.160. 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. Represents weighted average sales price. The shares were sold at prices ranging from $193.170 to $194.160. 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. Represents weighted average sales price. The shares were sold at prices ranging from $194.170 to $195.110. 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. Represents weighted average sales price. The shares were sold at prices ranging from $195.220 to $195.280. 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. Represents weighted average sales price. The shares were sold at prices ranging from $183.010 to $183.920. 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. Represents weighted average sales price. The shares were sold at prices ranging from $184.260 to $185.230. 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. Represents weighted average sales price. The shares were sold at prices ranging from $185.285 to $186.270. 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. Represents weighted average sales price. The shares were sold at prices ranging from $186.390 to $187.380. 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. Represents weighted average sales price. The shares were sold at prices ranging from $187.390 to $188.380. 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. Represents weighted average sales price. The shares were sold at prices ranging from $188.480 to $189.450. 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. Represents weighted average sales price. The shares were sold at prices ranging from $189.480 to $190.460. 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. Represents weighted average sales price. The shares were sold at prices ranging from $191.180 to $192.170. 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. Represents weighted average sales price. The shares were sold at prices ranging from $192.190 to $193.180. 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. Represents weighted average sales price. The shares were sold at prices ranging from $193.200 to $194.190. 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. Represents weighted average sales price. The shares were sold at prices ranging from $194.200 to $195.190. 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. Represents weighted average sales price. The shares were sold at prices ranging from $195.200 to $195.510. 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. 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"). The shares are held by J. and L. Huang Investments, L.P., of which the Trust is the general partner. The shares are held by The Huang 2012 Irrevocable Trust, of which the Reporting Person is a trustee. The shares are held by The Huang Irrevocable Remainder Trust u/a/d February 19, 2016, of which the Reporting Person is a trustee. The shares are held by The Lori Lynn Huang 2016 Annuity Trust II Agreement. The shares are held by The Jen-Hsun Huang 2016 Annuity Trust II Agreement. The shares are held by TARG S LLC, of which the Trust is the sole member. The shares are held by TARG M LLC, of which the Trust is the sole member.
FAQ
What did Jen‑hsun Huang report on Form 4 for NVDA?
He reported multiple open‑market sales totaling 225,000 shares executed between 10/08/2025 and 10/10/2025 under a Rule 10b5‑1 trading plan.
Were the sales part of a 10b5‑1 plan?
Yes. The filing states the transactions were effected pursuant to a Rule 10b5‑1 trading plan adopted on 03/20/2025.
Does the filing show other ownership through trusts or entities?
Yes. The filing lists large indirect holdings including 581,378,470 shares by a trust, 49,489,560 by a partnership, and multiple annuity and irrevocable trusts holding tens of millions each.