STOCK TITAN
  1. Home
  2. Sec-filings
  3. TSLA
  4. [Form 4] Tesla, Inc. Insider Trading Activity

James Murdoch Executes 10b5-1 Sale of 60,000 TSLA Shares

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

Rhea-AI Filing Summary

James R. Murdoch, a Tesla director, reported a sale of 60,000 Tesla (TSLA) shares on 09/15/2025 at $422.68 per share under a pre-established trading plan. The Form 4 shows the sale was executed under a Rule 10b5-1 plan adopted May 20, 2025. After the reported transaction, the filing lists beneficial holdings of 637,031 shares held indirectly by the JRM Rev. Trust and 157,275 shares held indirectly by the Seven Hills Trust.

The filing was signed by Aaron Beckman as power of attorney for James Murdoch on 09/17/2025. No derivative transactions, exercise dates, or additional price terms are reported in this filing.

Positive

  • None.

Negative

  • Reported sale of 60,000 TSLA shares by a company director, which reduces insider stock holdings.
  • Insider transaction may attract market attention despite being executed under a 10b5-1 plan.

Insights

TL;DR: A director sale under a 10b5-1 plan reduces insider ownership but follows an established, pre-scheduled program.

The report shows a routine execution of a Rule 10b5-1 plan, which typically limits signaling risk because trades are pre-authorized. The sale of 60,000 shares at $422.68 represents a discrete reduction in beneficial holdings but the filing indicates Murdoch retains substantial indirect ownership through two trusts (totaling 794,306 shares). From a governance perspective, the transparent disclosure and the presence of a 10b5-1 plan align with common insider-trading controls.

TL;DR: Insider sold 60,000 TSLA shares; transaction appears compliant and not materially transformative for ownership percentages.

The sale amount and price are explicitly stated: 60,000 shares at $422.68 on 09/15/2025. The continuation of meaningful indirect holdings (listed as 637,031 and 157,275) suggests this sale is not a full divestment and is unlikely to materially change voting control or strategic influence. Absence of derivative activity or additional transactions in this Form 4 reduces complexity for market impact analysis.

Insider MURDOCH JAMES R
Role Director
Sold 60,000 shs ($25.36M)
Type Security Shares Price Value
Sale Common Stock 60,000 $422.68 $25.36M
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 637,031 shares (Indirect, By JRM Rev. Trust)
Footnotes (1)
  1. [object Object]
Form 4 Insider Transactions: What Each Field Means →
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
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).
1. Name and Address of Reporting Person*
MURDOCH JAMES R
(Last) (First) (Middle)
C/O TESLA, INC.
1 TESLA ROAD
(Street)
AUSTIN TX 78725
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Tesla, Inc. [ TSLA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 Stock 09/15/2025 S(1) 60,000 D $422.68 637,031 I By JRM Rev. Trust
Common Stock 157,275 I By Seven Hills Trust
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 transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2025.
By: Aaron Beckman, Power of Attorney For: James Murdoch 09/17/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What transaction did James R. Murdoch report on Form 4 for TSLA?

He reported a sale of 60,000 Tesla (TSLA) shares on 09/15/2025 at $422.68 per share.

Was the Murdoch sale part of a pre-arranged trading plan?

Yes. The Form 4 states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted May 20, 2025.

How many TSLA shares does Murdoch beneficially hold after the reported sale?

The filing lists 637,031 shares beneficially owned by the JRM Rev. Trust and 157,275 shares by the Seven Hills Trust following the transaction.

Who signed the Form 4 on behalf of James Murdoch?

The Form 4 was signed by Aaron Beckman, Power of Attorney for James Murdoch on 09/17/2025.

Does the Form 4 show any derivative transactions by Murdoch?

No. Table II shows no derivative securities acquired, disposed of, or beneficially owned in this filing.