Gates Buys, NVDA Director Sells $411M

The most striking filings from the latest reporting window show two blockbuster moves on opposite sides of the ledger.

Bill Gates filed purchases of RSG (Republic Services) totalling nearly $492 million across 28 trades between 24 August and 2 September 2026, with the last filing recorded on 3 September. Gates holds the stock as a main shareholder rather than a board seat, but the scale and persistence of buying across eight trading days signals deliberate accumulation. Republic Services is a waste management and environmental services company, a sector Gates has backed for years.

At NVDA, independent director Mark A. Stevens filed seven sell transactions totalling $411 million between 31 August and 2 September. The filings hit the public record on 2 September. Stevens is a venture capitalist and long-standing Nvidia board member. The data does not specify whether these sales were made under a pre-arranged 10b5-1 trading plan. If they were, the signal is weak. If discretionary, the size warrants attention given Nvidia's elevated valuation.

Note: the vendor insider table used here covers data to 8 September 2026. More recent SEC Form 4 filings were not accessible in this environment. The activist 13D filing screen also could not be run. Readers should treat these as the most recent available disclosures, not necessarily the latest filed.