NVIDIA counsel sells 30,000 shares in preset plan
NVIDIA’s EVP and general counsel disclosed a 30,000-share trust sale under a pre-arranged Rule 10b5-1 plan while retaining a substantial direct holding.
Rhea-AI Filing Summary
NVIDIA CORP (NVDA) executive Timothy S. Teter, EVP, General Counsel and Secretary, reported the sale of 30,000 shares of NVIDIA common stock on August 31, 2026. The sales were executed indirectly through The Horne Teter Family Living Trust in three tranches at weighted average prices around $216–$219 per share, under a Rule 10b5-1 trading plan adopted on May 22, 2026. After these transactions, Teter continues to hold 334,436 shares directly of NVIDIA common stock.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 30,000 shares
Net Sell
4 txns
Insider
Teter Timothy S.
Role
EVP, General Counsel and Sec
Sold
30,000 shs ($6.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 6,692 | $216.8411 | $1.45M |
| Sale | Common Stock F1, F4, F3 | 13,913 | $217.9514 | $3.03M |
| Sale | Common Stock F1, F5, F3 | 9,395 | $218.5265 | $2.05M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,687,660 shares (Indirect, By Trust);
Common Stock — 334,436 shares (Direct)
Footnotes (5)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2026.
- F2. Represents weighted average sales price. The shares were sold at prices ranging from $216.26 to $217.25. 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.
- F3. Shares held by The Horne Teter Family Living Trust, dated 02/01/2019, of which the Reporting Person is trustee.
- F4. Represents weighted average sales price. The shares were sold at prices ranging from $217.28 to $218.26. 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.
- F5. Represents weighted average sales price. The shares were sold at prices ranging from $218.28 to $219.25. 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.
Key Figures
Total shares sold: 30,000 shares
First tranche sold: 6,692 shares at $216.8411 per share
Second tranche sold: 13,913 shares at $217.9514 per share
+3 more
6 metrics
Total shares sold
30,000 shares
Aggregate NVIDIA common shares sold on August 31, 2026 across three transactions
First tranche sold
6,692 shares at $216.8411 per share
Indirect sale by trust on August 31, 2026; weighted average price with range $216.26–$217.25
Second tranche sold
13,913 shares at $217.9514 per share
Indirect sale by trust on August 31, 2026; weighted average price with range $217.28–$218.26
Third tranche sold
9,395 shares at $218.5265 per share
Indirect sale by trust on August 31, 2026; weighted average price with range $218.28–$219.25
Shares held directly after transaction
334,436 shares
Direct NVIDIA common stock holdings of Timothy S. Teter as of August 31, 2026
Rule 10b5-1 plan adoption date
May 22, 2026
Date Timothy S. Teter adopted the trading plan covering the reported sales
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, indirect ownership
3 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sales price financial
"Represents weighted average sales price. The shares were sold at prices"
indirect ownership financial
"Shares held by The Horne Teter Family Living Trust, dated 02/01/2019"
FAQ
What insider transaction did NVDA executive Timothy S. Teter report?
He reported the sale of 30,000 shares of NVIDIA common stock on August 31, 2026, carried out in three separate transactions as disclosed in the Form 4.
Were Timothy S. Teter’s NVDA stock sales made under a Rule 10b5-1 plan?
Yes. A footnote states the reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Timothy S. Teter on May 22, 2026.
What is Timothy S. Teter’s role at NVIDIA CORP (NVDA)?
Timothy S. Teter is reported as an officer of NVIDIA CORP, serving as EVP, General Counsel and Secretary.
AI-generated analysis. How Rhea-AI works. Not financial advice.