Robertson Donald F Jr 4
Research Summary
AI-generated summary
NVIDIA (NVDA) Robertson Donald F Jr Sells Shares
What Happened
- Robertson Donald F Jr, Principal Accounting Officer at NVIDIA, sold 5,396 shares in open-market transactions on March 20, 2026, generating approximately $942,944 in proceeds (sales priced roughly $172.07–$177.57 per share).
- On March 18, 2026, 4,575 shares were withheld by the company to satisfy taxes on vested restricted stock units (RSUs) at $181.93 per share, value ≈ $832,330. The combined disposition was 9,971 shares for about $1.78M. These actions are disposals (sales/withholding) and are commonly routine liquidity/tax events.
Key Details
- Dates and prices:
- 2026-03-18: 4,575 shares withheld for taxes at $181.93 (F) — $832,330.
- 2026-03-20: open-market sales (S) totaling 5,396 shares at weighted-average prices; proceeds ≈ $942,944. Reported sale price ranges across tranches: $172.07–$177.57 (detailed ranges in filing footnotes F4–F9).
- Transaction codes: F = tax withholding for RSU vesting; S = open-market sale. Sales were effected under a Rule 10b5-1 trading plan (adopted Sep 18, 2025) per the filing (F3).
- Shares owned after the reported transactions are not specified in the excerpt; the filing notes holdings include 5,396 shares issued on RSU vesting and 231 shares purchased via the Employee Stock Purchase Plan (F2).
- Filing: Form 4 filed Mar 20, 2026 for transactions on Mar 18 and Mar 20, 2026 — appears timely (no late filing indicated).
Context
- The March 18 withholding was a tax-satisfaction event tied to RSU vesting (a common, non-market-directional outcome). The March 20 sales were executed under a pre-established 10b5-1 plan, meaning they were pre-arranged trades rather than ad-hoc market-timing decisions. For retail investors, purchases tend to be more informative about insider conviction; these transactions are routine disposals and tax-related liquidity.