NVIDIA (NVDA) CEO trust makes 400,000-share stock gift to charity
Rhea-AI Filing Summary
NVIDIA CORP President and CEO Jen-Hsun Huang reported a bona fide gift of 400,000 shares of common stock. The shares were gifted without consideration by the Jen-Hsun & Lori Huang Living Trust to The Jen-Hsun & Lori Huang Foundation, a 501(c)(3) charitable organization, and to a donor-advised fund.
After these transfers, the Trust-related holdings reported as indirect ownership total 468,131,547 shares, while 70,191,975 shares are reported as held directly. The filing lists additional indirect holdings through several limited liability companies and irrevocable trusts, and shows no option or other derivative positions.
Positive
- None.
Negative
- None.
Insights
Form 4 shows a large charitable stock gift, not a market sale.
Jen-Hsun Huang, CEO of NVIDIA CORP, reported a bona fide gift of 400,000 common shares made by the Jen-Hsun & Lori Huang Living Trust. Footnotes state shares were transferred to a family foundation and a donor-advised fund, indicating a philanthropic rather than trading-driven transaction.
The transaction summary records one gift disposition and no open-market buys or sells, and the derivative section is empty, so no options were exercised here. Post-transaction, the filing shows very large remaining holdings, with tens of millions of shares held directly and hundreds of millions indirectly through trusts and LLCs. This pattern suggests a restructuring for charitable and estate purposes rather than a change in economic exposure, so the investment impact appears limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 400,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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Footnotes (1)
- (1) Gifts without consideration by the Jen-Hsun & Lori Huang Living Trust, u/a/d May 1, 1995 (the "Trust"), of 266,670 shares to The Jen-Hsun & Lori Huang Foundation, a 501(c)(3) charitable organization, and 133,330 shares to a donor-advised fund. Represents 30,000,000 shares contributed to each of TARG S3 and TARG M3. The shares are held by Jen-Hsun Huang and Lori Huang, as co-trustees of the Trust. 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 TARG S1 LLC, of which the Trust is the sole member. The shares are held by TARG M1 LLC, of which the Trust is the sole member. The shares are held by TARG S2 LLC, of which the Trust is the sole member. The shares are held by TARG M2 LLC, of which the Trust is the sole member. The shares are held by TARG S3 LLC ("TARG S3"), of which the Trust is the sole member. The shares are held by TARG M3 LLC ("TARG M3"), of which the Trust is the sole member.