[144] NVIDIA CORP SEC Filing
NVIDIA Corp (NVDA) Form 144 filing discloses a proposed sale of 75,000 common shares through Charles Schwab & Co., Inc., with an aggregate market value of $13,460,868 and an approximate sale date of 09/23/2025. The filing states the shares were acquired on 12/08/2022 by option exercise and paid in cash. The form also lists numerous completed insider sales by Jen Hsun Huang between 06/23/2025 and 09/22/2025, each line showing 50,000 or 75,000 shares sold on specific dates with gross proceeds per trade reported. The notice includes the filer’s representation that no undisclosed material adverse information is known and references Rule 10b5-1 considerations if applicable.
- Full disclosure of the proposed sale and prior insider transactions, including dates, quantities, broker, and gross proceeds
- Statement in the form affirming no undisclosed material adverse information and noting Rule 10b5-1 plan applicability if used
- Substantial insider selling is documented across many dates from 06/23/2025 to 09/22/2025, indicating concentrated liquidity events
- Proposed sale of 75,000 shares (~$13.46M) adds to recent insider dispositions, which may be perceived negatively by some investors
Insights
TL;DR: Insider proposes to sell 75,000 NVDA shares ( ~$13.46M) after a series of prior sales; disclosure is comprehensive but represents concentrated insider liquidity.
The Form 144 provides clear transactional detail: the shares to be sold were acquired via option exercise on 12/08/2022 and the proposed brokered sale is scheduled for 09/23/2025. The filing also documents extensive prior insider sales by Jen Hsun Huang from 06/23/2025 through 09/22/2025, with varying trade sizes (50,000 or 75,000 shares) and reported gross proceeds per trade. For market participants, the filing shows routine compliance with Rule 144 selling disclosures and establishes a transparent chronology of insider liquidity events without providing reasons for the sales.
TL;DR: The filing documents continued insider selling at scale; governance transparency is present but the pattern may warrant investor attention.
The Form 144 includes the required certification about absence of undisclosed material information and notes potential reliance on a Rule 10b5-1 plan if applicable. That disclosure reduces procedural risk. However, the repeated listed sales spanning June to September 2025 indicate sustained insider dispositions. While the filing does not state motives, the volume and frequency are governance-relevant facts investors monitor for potential implications on insider alignment.