HUANG JEN HSUN 4

What Happened

• NVIDIA CEO and director Jen‑hsun Huang transferred a total of 58,962,602 shares as gifts into trust-related entities and had 437,908 shares withheld by the company to satisfy taxes tied to RSU vesting. The withheld shares were disposed at an average price of $181.93, totaling about $79.67 million. Footnotes show 445,323 shares were issued on vesting, of which 437,908 were withheld, leaving a net issuance of 7,415 shares to the reporting person.

Key Details

• Transaction date: March 18, 2026; Form filed March 20, 2026 (filed within typical 2‑business‑day window).
• Tax withholding: 437,908 shares withheld (code F) at $181.93 each = $79,668,602 (footnote F1; F2 notes 445,323 shares issued on vesting).
• Gifts/transfers: two disposal entries of 29,481,301 shares and one acquisition entry of 58,962,602 shares (code G) — net movement of 58,962,602 shares into trust/LLC entities (footnotes F10–F12 and related footnotes describing transfers among trusts and LLCs).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes: holdings are in and transfers are among multiple trusts and LLCs (The Huang 2012 Irrevocable Trust, TARG S2 LLC, TARG M2 LLC, and related annuity/irrevocable remainder trusts); the reporting person is trustee for some of these entities (F3–F9, F10–F12).

Context

• The 437,908‑share entry is a tax‑withholding (cashless) action tied to RSU vesting — routine administrative treatment, not an open‑market sale signaling sentiment.
• The large 58.96M‑share movements are labeled as gifts/transfers into trusts and related LLCs. Gifts/transfers between personal and trust entities are not market sales and do not necessarily reflect the insider’s view of the company’s stock.
• Because the reporting person is a trustee of the recipient trusts/LLCs, some control or influence may remain even after the transfers; read the footnotes for details on how ownership is held.