The Insider Ledger

Weekly intelligence from public SEC filings

Nothing on this site is investment advice. It is an automated research digest of public SEC filings.

NVIDIA (NVDA)

Sector: semiconductors · Tracking since 2026-05-15

What am I looking at?

Everything on this page comes from public SEC filings that name this company. The cards show the automated signal score, net insider activity (open-market buys minus sells over the last 90 days), distinct insider buyers, and watchlist institutions currently holding the stock. The timeline lists each transaction row with a link to the original filing.

insider_buy / insider_sell
An officer or director traded on the open market (Form 4). Scheduled 10b5-1 plan trades are noted and treated as low-signal.
13f_new / 13f_add / 13f_trim / 13f_exit
A watchlist fund opened, increased, reduced, or closed a position between quarterly 13F reports — these become public up to 45 days after the quarter ends.
13d_filed
An investor crossed 5% ownership with activist intent (Schedule 13D).
60
Signal score
−$967.6M
Net insider value 90d
0
Insider buyers 90d
3
Watchlist holders

Watchlist holders

Analysis

NVIDIA director trims ~$186M through family trusts weak (2026-W29)

Director Mark Stevens reported selling 885,000 NVDA shares on 18 June for about $186.0M, split across two trust-held lots at weighted-average prices near $210 (events 0001199039-26-000007:0, 0001199039-26-000007:1). Unlike the rest of this week's tape, the filing carries no 10b5-1 footnote, so this is a discretionary sale rather than a scheduled one. That makes it the most notable single action of the week. Context matters, though: the same filing shows the reporting person's trusts still holding well over 20 million shares, so this reads as a partial trim by a long-tenured board member, not an exit.

NVIDIA director Mark Stevens sells $410.8M in non-plan disposals, the week's largest filing by far weak (2026-W36)

Director Mark A. Stevens filed 7 sale lines across 2026-08-31 through 2026-09-02 totaling 1,848,501 shares for about $410.8M (events 0001199039-26-000012:0 through :6), sold indirectly through a trust. Unlike every other filing this week, the Form 4 does not check the Rule 10b5-1 affirmation box, meaning the timing was not fixed under a standing plan. That makes it the one discretionary sale of the week and the largest single filing by dollar value on the whole watchlist. Even so, our rubric treats insider sales as weak/exclude regardless of plan status — a disposal doesn't carry the same read as a purchase — so we flag this for its size and timing rather than treating it as a signal.

NVIDIA general counsel Timothy Teter sells $6.5M under a standing plan weak (2026-W36)

EVP, General Counsel & Secretary Timothy S. Teter filed 3 sale lines on 2026-08-31 totaling 30,000 shares for about $6.5M (events 0001696841-26-000010:0 through :2), disclosed as a Rule 10b5-1 plan transaction. The size and timing were pre-arranged, so this is routine scheduled selling rather than a decision made this week.

NVIDIA director Mark Stevens sells $235.6M in non-plan disposals for the second straight week weak (2026-W37)

Director Mark A. Stevens filed 7 sale lines across 2026-09-03 and 2026-09-04 totaling 1,022,239 shares for about $235.6M (events 0001199039-26-000014:0 through :6), sold indirectly through a trust. As with his $410.8M filing the prior week, the Form 4 does not check the Rule 10b5-1 affirmation box, meaning the timing was not fixed under a standing plan. That makes this the second consecutive week of large discretionary disposals from the same director, and again the largest single filing by dollar value on the watchlist. Our rubric still treats insider sales as weak/exclude regardless of plan status — a disposal doesn't carry the same read as a purchase — so we flag this for its size and its back-to-back timing rather than as a signal in itself.

NVIDIA director Mark Stevens sells $300.1M, the week's largest disposal and the only filing not flagged as a standing plan weak (2026-W39)

Director Mark A. Stevens filed 2 sale lines on 2026-09-18 (filed 2026-09-22), totaling 1,366,000 shares for about $300.1M (events 0001199039-26-000016:0, 0001199039-26-000016:1). Unlike the other filings this week, this one carries no Rule 10b5-1 plan notation, so it may reflect a discretionary decision rather than a pre-arranged schedule. Even so, it is a sale, not a purchase, and per the selection rubric sales are weak-signal regardless of plan status. Stevens has filed similar large disposals in prior weeks, so this continues an established pattern rather than a new signal.

NVIDIA general counsel Timothy Teter sells $6.8M under a standing plan weak (2026-W39)

General Counsel & Secretary Timothy S. Teter filed 3 sale lines within a single accession on 2026-09-21 (filed 2026-09-23), totaling 30,460 shares for about $6.79M (events 0001696841-26-000014:0 through :2), disclosed as a Rule 10b5-1 plan transaction. This continues a recurring pattern of scheduled disposals and carries no read on his view of NVIDIA.

NVIDIA CFO Colette Kress sells $7.6M under a standing plan weak (2026-W39)

EVP & CFO Colette Kress filed 3 sale lines within a single accession on 2026-09-17 (filed 2026-09-18), totaling 34,918 shares for about $7.65M (events 0001588670-26-000014:0 through :2), disclosed as a Rule 10b5-1 plan transaction. Routine scheduled selling, consistent with prior weeks.

Filing timeline

FiledActorEventSharesValue ($)Source
2026-09-23teter-timothy-sinsider_sell12,4832,773,638filing
2026-09-23teter-timothy-sinsider_sell13,4783,006,253filing
2026-09-23teter-timothy-sinsider_sell4,4991,006,642filing
2026-09-22stevens-mark-ainsider_sell1,356,000297,942,896filing
2026-09-22stevens-mark-ainsider_sell10,0002,204,199filing
2026-09-18kress-coletteinsider_sell4,6811,020,525filing
2026-09-18kress-coletteinsider_sell20,3694,461,161filing
2026-09-18kress-coletteinsider_sell9,8682,166,946filing
2026-09-08stevens-mark-ainsider_sell198,70745,244,670filing
2026-09-08stevens-mark-ainsider_sell1,293295,153filing
2026-09-08stevens-mark-ainsider_sell200,00045,974,100filing
2026-09-08stevens-mark-ainsider_sell197,18045,431,041filing
2026-09-08stevens-mark-ainsider_sell237,82054,976,302filing
2026-09-08stevens-mark-ainsider_sell182,62842,636,607filing
2026-09-08stevens-mark-ainsider_sell4,6111,078,994filing
2026-09-02stevens-mark-ainsider_sell447,40098,470,906filing
2026-09-02stevens-mark-ainsider_sell137,60030,397,285filing
2026-09-02stevens-mark-ainsider_sell63,50113,973,960filing
2026-09-02stevens-mark-ainsider_sell300,00066,022,830filing
2026-09-02stevens-mark-ainsider_sell300,00066,876,120filing
2026-09-02stevens-mark-ainsider_sell300,00067,221,450filing
2026-09-02stevens-mark-ainsider_sell300,00067,881,120filing
2026-09-02teter-timothy-sinsider_sell6,6921,451,101filing
2026-09-02teter-timothy-sinsider_sell13,9133,032,358filing
2026-09-02teter-timothy-sinsider_sell9,3952,053,056filing
2026-08-14coatue13f_new85,71617,150,914filing
2026-08-14coatue13f_new4,053,538811,072,418filing
2026-06-23stevens-mark-ainsider_sell319,38566,973,501filing
2026-06-23stevens-mark-ainsider_sell565,615119,026,437filing
2026-05-15coatue13f_new4,323,460754,011,424filing
2026-05-15coatue13f_new1,915,943334,140,459filing
2026-05-15altimeter13f_add9,336,0391,628,205,202filing
2026-05-15appaloosa13f_trim1,471,500256,629,600filing