NVIDIA board member Mark Stevens filed disclosures on September 2 showing he sold nearly 1.85 million shares between August 31 and September 2, raising $411m in total. The General Counsel, Timothy Teter, filed the same day, disclosing a further $6.5m in sales on August 31. The filings do not specify whether the trades were executed under a pre-arranged 10b5-1 plan. Absent that confirmation, the cluster of disposals from two insiders in the same week carries more weight than a routine scheduled sale.
On the buying side, Bill Gates filed disclosures showing he purchased over 1.08 million shares of Republic Services between August 28 and September 2, spending $241m in total. The waste-management giant has been a long-term Gates holding, but the size of this top-up across five consecutive trading days stands out. Open-market purchases of this scale, filed without a plan disclaimer, are the stronger signal.
Elsewhere, the controlling holding company of Chinese sportswear brand Li Ning filed to show it bought roughly 76.5 million shares between August 27 and September 2, spending around $131m across three tranches. That cluster of buying from a board-linked entity points to conviction at the top of the company.
Separately, NVIDIA's EDGAR filings could not be retrieved via the primary SEC tables in this environment. The trades above are sourced from the vendor insider dataset.
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.
