Nvidia director Mark Stevens sells about $300 million of stock through family trust

Nvidia director Mark Stevens sold 1,366,000 shares of the chipmaker on Sept. 18, according to a Form 4 filed Sept. 22.

The shares were sold through the Third Millennium Trust, of which Stevens and his wife are co-trustees. The filing reports 1,356,000 shares sold at a weighted-average price of $219.72 and another 10,000 at $220.42. At those prices the sale totaled about $300.1 million, an IDD calculation.

The trust held 970,531 Nvidia shares after the sale.

Stevens still reported 11,544,612 shares held directly and 15,017,750 shares through the Envy Trust, of which he is trustee.

By the numbers

• Shares sold Sept. 18: 1,366,000
• Weighted-average prices: $219.72 and $220.42
• Approximate proceeds: $300.1 million
• Held directly afterward: 11,544,612 shares
• Held by the Envy Trust: 15,017,750 shares

Sources

1. NVIDIA Corporation Form 4 (Mark A. Stevens), filed Sept. 22, 2026, accession 0001199039-26-000016

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