Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
An NVDA board member filed a cluster of sales worth more than $400 million in early September. Mark A. Stevens, an independent director at NVIDIA, reported selling shares across five separate transactions between 31 August and 2 September 2026. The filings were made public on 2 September.
The largest single filing showed proceeds of $98.5 million. Four further sales on 2 September totalled roughly $268 million combined. A final transaction on 1 September added $14 million. In total, Stevens reported disposing of approximately $411 million worth of NVIDIA stock in less than 48 hours of trading.
Stevens is listed as an independent director, not an executive officer. No 10b5-1 pre-planned trading disclosure was flagged in the vendor data, though that detail could not be confirmed from the first-party SEC EDGAR tables, which were unavailable in this environment.
The sales land ahead of NVDA's busy earnings season. German car registrations, a dataset ORTEX measures as a 43-day leading indicator for Tesla revenue with a strong fit, are running 269% above the same quarter last year, pointing to strong EV demand that has historically benefited chip suppliers including NVIDIA.
On the activist front, fresh Schedule 13D filings could not be retrieved from this environment. The most significant additional signal in the broader dataset was GQG Partners cutting its stake in Adani Energy Solutions by roughly $188 million, filed on 3 September.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
