U.S. Department of Justice

Since the March 19-20, 2026 DOJ indictment of SMCI affiliates for smuggling NVIDIA AI servers, new SEC Form 4 filings reveal additional NVIDIA insider sales on March 20 including Director Mark Stevens (221,682 shares), CFO Colette Kress ($10.9M), totaling part of a $14M wave under 10b5-1 plans, with no links to the SMCI case or illegal trading. SMCI stock rebounded 5% on March 23 after a 28-33% plunge, as the company cooperates and was not charged. No new SEC probes, unusual options remain speculative without confirmed insider ties, aligning with routine disposals amid market volatility.