NVIDIA (NVDA) EVP sells 300K shares and receives 47K RSU award
Rhea-AI Filing Summary
NVIDIA CORP executive Ajay K. Puri reported both a large stock sale and a new equity award. On March 10, 2026, a trust associated with him sold 275,060 NVIDIA common shares at a weighted average price of $182.4663, and another 24,940 shares at a weighted average price of $183.114, in open‑market transactions executed under a pre‑arranged Rule 10b5‑1 trading plan3,318,547 shares. On March 9, 2026, Puri also received an award of 47,048 restricted stock units directly, for no cash consideration, which will vest in 6.25% increments every three months starting June 17, 2026 until fully vested around the four‑year anniversary of grant. A separate children’s trust held 46,360 shares as of that date.
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Insights
Pre‑planned sales of 300K NVIDIA shares offset by a sizable RSU grant.
Ajay K. Puri, EVP of Worldwide Field Operations at NVIDIA, reported net sales of 300,000 shares of common stock through a revocable trust, alongside a grant of 47,048 RSUs. The sales were executed in the open market at weighted average prices around
The filing notes these dispositions were made under a pre‑arranged Rule 10b5‑1 trading plan, indicating they were scheduled in advance rather than timed opportunistically. Following the last reported sale, the revocable trust still held 3,318,547 shares, and Puri held 706,777 shares directly after the RSU award, suggesting a substantial remaining exposure.
The RSU grant, received for no cash consideration, vests 6.25% on