NVIDIA (NVDA) director sells 19,000 shares in planned open-market trades

Rhea-AI Filing Summary

NVIDIA CORP director Aarti S. Shah sold 19,000 shares of common stock in open-market transactions. The sales took place on March 19, 2026 under a Rule 10b5-1 trading plan adopted on November 25, 2024. Weighted average sale prices ranged from about $175.82 to $177.88 per share across three price buckets. After these sales, Shah directly holds 36,007 NVIDIA common shares, indicating she retains a meaningful equity stake even after the planned dispositions.

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

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

X

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^*

Shah Aarti S.

(Last) (First) (Middle)

C/O NVIDIA CORPORATION

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common	03/19/2026		S(1)		8,516	D	$176.2743(2)	46,491	D
Common	03/19/2026		S(1)		10,282	D	$177.0565(3)	36,209	D
Common	03/19/2026		S(1)		202	D	$177.7335(4)	36,007	D

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 November 25, 2024.

2. Represents weighted average sales price. The shares were sold at prices ranging from $175.820 to $176.570. 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 $176.590 to $177.570. 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 $177.575 to $177.880. 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.

Remarks:

Exhibit 24 - Power of Attorney.

	/s/ Tina Ashcraft, Attorney-in-Fact for Aarti S. Shah	03/20/2026
	** Signature of Reporting Person	Date
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 insider transaction did NVIDIA (NVDA) director Aarti S. Shah report?

Aarti S. Shah reported selling 19,000 NVIDIA common shares. The Form 4 shows three open-market sale transactions on March 19, 2026, executed under a pre-arranged Rule 10b5-1 trading plan adopted in November 2024.

At what prices did Aarti S. Shah sell NVIDIA (NVDA) shares?

The reported NVIDIA share sales occurred around $176–$178 per share. Weighted average prices were disclosed, with individual trade ranges spanning from $175.820 up to $177.880 across the three separate sale groupings.

How many NVIDIA (NVDA) shares does Aarti S. Shah hold after the sale?

After the reported transactions, Aarti S. Shah directly holds 36,007 NVIDIA shares. Her holdings decreased by 19,000 shares through the March 19, 2026 open-market sales, but she continues to maintain a sizable equity position in the company.

Was the NVIDIA (NVDA) insider sale made under a Rule 10b5-1 plan?

Yes, the NVIDIA share sales were executed under a Rule 10b5-1 plan. A footnote states the transactions were effected pursuant to a trading plan that Shah adopted on November 25, 2024, indicating the sales were pre-arranged.

How many NVIDIA (NVDA) shares did Aarti S. Shah sell in total?

Shah sold a total of 19,000 NVIDIA common shares. The Form 4 summarizes three open-market sale entries on March 19, 2026, with share amounts of 8,516, 10,282, and 202, which together equal 19,000 shares.

What type of NVIDIA (NVDA) security did Aarti S. Shah sell?

The transactions involved NVIDIA common stock. Each Form 4 entry identifies the security title as common, and all three reported trades were non-derivative open-market sales rather than option exercises or other derivative transactions.