An NVDA board member filed a massive stock sale in early September. Mark Stevens, an independent director at NVIDIA, sold $411 million worth of shares between August 31 and September 2. The filing was reported on September 2.
Stevens sold roughly 1.85 million shares across multiple transactions. The sales averaged around $222 per share. This is one of the largest single-insider disposals seen at any US company recently.
NVIDIA's General Counsel Timothy Teter also sold shares in the same window. His filing showed $6.5 million in sales — 30,000 shares at around $218 each. Two senior insiders exiting at the same time draws attention.
It is worth noting that pre-arranged 10b5-1 trading plans cannot be confirmed or ruled out from the available data. Planned sales under such programmes carry less signal than discretionary ones.
Elsewhere, JPMorgan Chase filed disclosures showing it trimmed stakes in several Hong Kong-listed names including Kingdee International Software and Sunny Optical Technology, shedding a combined $155 million. These reflect custodial position changes rather than executive conviction.
In Turkey, the chairman of BURVA bought $12.9 million in shares on September 7 — the same day a related asset manager sold $13.6 million. The opposing trades suggest a block repositioning rather than a directional bet.
Note: US EDGAR Form 4 first-party tables were unavailable for this query. Data sourced from vendor insider table with latest filing date of September 8, 2026.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
