STOCK TITAN

Trust tied to NVIDIA (NVDA) director Stephen C. Neal sells 15,500 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

A revocable trust associated with NVIDIA director Stephen C. Neal sold 15,500 shares of NVIDIA common stock in an open-market transaction. The sale on June 3, 2026 was executed at a weighted average price of $215.7331 per share. After the sale, that trust held 116,135 shares. Separate from this, Neal holds 3,887 shares directly, 42,203 shares through the 2013 Stephen C. Neal Revocable Trust, and 7,142 shares through the 2013 Michelle S. Rhyu Revocable Trust.

Positive

  • None.

Negative

  • None.
Insider Neal Stephen C
Role null
Sold 15,500 shs ($3.34M)
Type Security Shares Price Value
Sale Common Stock 15,500 $215.7331 $3.34M
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 116,135 shares (Indirect, The Neal/Rhyu Revocable Trust dated 5/2/2017); Common Stock — 3,887 shares (Direct, null)
Footnotes (1)
  1. Represents weighted average sales price. The shares were sold at prices ranging from $215.680 to $215.790. The Reporting Person will provide upon request, to the Securities and Exchange Commission, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. Reflects 11,775 shares transferred without consideration from the Neal/Rhyu Revocable Trust dated 5/2/2017 (the "Trust") to the 2013 Stephen C. Neal Revocable Trust (the "Neal Revocable Trust"). Shares held by the Trust, of which the Reporting Person is trustee. Shares held by the Neal Revocable Trust, of which the Reporting Person is trustee. Shares held by the 2013 Michelle S. Rhyu Revocable Trust.
Shares sold 15,500 shares Open-market sale on June 3, 2026
Weighted average sale price $215.7331 per share Open-market sale on June 3, 2026
Trust holdings after sale 116,135 shares The Neal/Rhyu Revocable Trust dated 5/2/2017
Direct holdings 3,887 shares Held directly by Stephen C. Neal after transactions
Neal Revocable Trust holdings 42,203 shares 2013 Stephen C. Neal Revocable Trust after transfer
Michelle S. Rhyu Revocable Trust holdings 7,142 shares 2013 Michelle S. Rhyu Revocable Trust
Internal trust transfer 11,775 shares Moved without consideration between related revocable trusts
Net buy/sell shares -15,500 shares Transaction summary shows net-sell direction
open-market sale financial
"transaction_action: "open-market sale" for the 15,500-share transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sales price financial
"Represents weighted average sales price. The shares were sold at prices ranging"
Revocable Trust financial
"The Neal/Rhyu Revocable Trust dated 5/2/2017 and related revocable trusts"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I" for trust-held shares"
Form 4 regulatory
"Insider transactions are reported on Form 4 for NVIDIA common stock"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Neal Stephen C

(Last)(First)(Middle)
C/O 2788 SAN TOMAS EXPRESSWAY

(Street)
SANTA CLARA CALIFORNIA 95051

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NVIDIA CORP [ NVDA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026S15,500D$215.7331(1)116,135(2)IThe Neal/Rhyu Revocable Trust dated 5/2/2017(3)
Common Stock42,203(2)I2013 Stephen C. Neal Revocable Trust(4)
Common Stock7,142I2013 Michelle S. Rhyu Revocable Trust(5)
Common Stock3,887D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents weighted average sales price. The shares were sold at prices ranging from $215.680 to $215.790. The Reporting Person will provide upon request, to the Securities and Exchange Commission, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
2. Reflects 11,775 shares transferred without consideration from the Neal/Rhyu Revocable Trust dated 5/2/2017 (the "Trust") to the 2013 Stephen C. Neal Revocable Trust (the "Neal Revocable Trust").
3. Shares held by the Trust, of which the Reporting Person is trustee.
4. Shares held by the Neal Revocable Trust, of which the Reporting Person is trustee.
5. Shares held by the 2013 Michelle S. Rhyu Revocable Trust.
Remarks:
Exhibit 24 - Power of Attorney.
/s/ Tina Ashcraft, Attorney-in-Fact for Stephen C. Neal06/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did the NVIDIA (NVDA) insider-associated trust do in this Form 4?

A revocable trust associated with NVIDIA director Stephen C. Neal sold 15,500 shares of NVIDIA common stock. The transaction was an open-market sale, reported on Form 4, reflecting routine insider-related portfolio activity rather than a change in company operations.

At what price were the 15,500 NVIDIA (NVDA) shares sold?

The 15,500 NVIDIA shares were sold at a weighted average price of $215.7331 per share. Footnotes state individual trades occurred between $215.680 and $215.790, with full price breakdowns available upon request from the reporting person to regulators or security holders.

How many NVIDIA (NVDA) shares does the Neal/Rhyu Revocable Trust hold after the sale?

After the sale, The Neal/Rhyu Revocable Trust dated 5/2/2017 held 116,135 NVIDIA shares. This reflects the remaining position in that specific trust, separate from additional NVIDIA shares held directly and through other revocable trusts associated with Stephen C. Neal and Michelle S. Rhyu.

What NVIDIA (NVDA) holdings does Stephen C. Neal have outside the selling trust?

Outside the selling trust, Stephen C. Neal holds 3,887 NVIDIA shares directly, 42,203 shares through the 2013 Stephen C. Neal Revocable Trust, and 7,142 shares through the 2013 Michelle S. Rhyu Revocable Trust. These positions are reported as indirect and direct holdings on the Form 4.

Were any NVIDIA (NVDA) shares transferred between trusts in this Form 4?

Yes. A footnote notes that 11,775 NVIDIA shares were transferred without consideration from The Neal/Rhyu Revocable Trust to the 2013 Stephen C. Neal Revocable Trust. This was an internal transfer between related trusts, not a market sale or purchase of shares.

Does the NVIDIA (NVDA) Form 4 mention a Rule 10b5-1 trading plan?

The provided Form 4 data does not reference any Rule 10b5-1 trading plan. The sale is described as an open-market transaction, and no footnote indicates it was executed under a pre-arranged trading plan for scheduled, automatic insider share dispositions.