NVIDIA Insider Filing: Huang Discloses Multiple Sales and Charitable Gifts
Rhea-AI Filing Summary
Jen-Hsun Huang, President and CEO and a director of NVIDIA Corporation (NVDA), reported multiple sales of common stock effected under a Rule 10b5-1 trading plan adopted March 20, 2025, and gifts on September 15, 2025. The Form 4 lists aggregated disposals across September 12–16, 2025 totaling several hundred thousand shares sold at weighted-average prices in the $174.40–$178.54 range. Separately, the filing reports gifts of 750,000 shares to The Jen-Hsun & Lori Huang Foundation and 375,000 shares to a donor-advised fund, and substantial indirect holdings by trusts and related entities.
Positive
- Sales were made under a documented Rule 10b5-1 plan, indicating pre-established trading instructions
- Charitable donations disclosed: 750,000 shares to The Jen-Hsun & Lori Huang Foundation and 375,000 shares to a donor-advised fund
- Substantial indirect ownership remains through multiple trusts, partnerships, annuity trusts, and LLCs
Negative
- Multiple share disposals reported across September 12–16, 2025, reducing direct beneficial ownership
- Large single gift transaction of 1,125,000 shares reduces overall family-controlled shares available for active control if relevant
Insights
TL;DR: Multiple Rule 10b5-1 sales and charitable gifts; continued large indirect ownership via trusts and entities.
The reported transactions were executed under a pre-established Rule 10b5-1 trading plan, which documents that the sales on September 12–16, 2025 were not opportunistic insider trades but followed an adopted plan. The Form 4 discloses a series of sales at weighted-average prices spanning roughly $174.40 to $178.54 and reports charitable gifts totaling 1,125,000 shares. The filing also details extensive indirect ownership across trusts, partnerships, annuity trusts, and LLCs, indicating sustained economic interest despite the reported disposals.
TL;DR: Significant block sales reported, executed via 10b5-1; large remaining indirect holdings maintained.
The table shows frequent small-to-medium sized sell transactions and one large gift transaction classified as a gift without consideration. Sales list precise share counts per trade and weighted-average prices; gifts of 750,000 and 375,000 shares are explicitly identified as charitable transfers. The disclosure of ownership by multiple trusts and entities quantifies substantial indirect holdings, which remain materially large relative to the disposed shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 36,482 | $174.9819 | $6.38M |
| Sale | Common Stock | 20,335 | $176.0998 | $3.58M |
| Sale | Common Stock | 17,606 | $176.6007 | $3.11M |
| Sale | Common Stock | 577 | $177.394 | $102K |
| Sale | Common Stock | 21,401 | $175.2283 | $3.75M |
| Sale | Common Stock | 11,486 | $175.9436 | $2.02M |
| Sale | Common Stock | 37,193 | $177.3687 | $6.60M |
| Sale | Common Stock | 4,920 | $177.873 | $875K |
| Gift | Common Stock | 1,125,000 | $0.00 | -- |
| Sale | Common Stock | 14,247 | $177.249 | $2.53M |
| Sale | Common Stock | 60,627 | $177.8291 | $10.78M |
| Sale | Common Stock | 126 | $178.5309 | $22K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 $176.530 to $177.525. 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 $177.530 to $178.520. 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 $178.530 to $178.540. 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 $174.580 to $175.575. 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 $175.580 to $176.485. 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 $176.750 to $177.740. 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 $177.750 to $178.210. 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 $174.400 to $175.390. 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 $175.410 to $176.400. 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 $176.410 to $177.090. 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 $177.290 to $177.410. 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. Gifts without consideration 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"), of 750,000 shares of the Issuer's common stock to The Jen-Hsun & Lori Huang Foundation, a 501(c)(3) charitable organization, and 375,000 shares of the Issuer's common stock to a donor-advised fund. The shares are held by Jen-Hsun Huang and Lori Huang, as co-trustees of 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.
