SharkWater Trading  •  Semiconductor Desk • Insider Filing Nvidia Executive Corrects a Form 4: 172,507 Shares Becomes 160,418, a 12,089 Share Cut October 14, 2026 Bottom Line Up Front Nvidia (Nasdaq: NVDA) executive Nicholas P. Parker, EVP of Worldwide Field Operations, filed a Form 4/A on October 13, 2026 "solely to correct an administrative error in the number of acquired shares" on his September 11 Form 4. The original reported 172,507 restricted stock units granted September 9. The corrected filing reports 160,418. That is 12,089 fewer shares, or 7.0 percent. It is an RSU award at $0, not a sale, and it moves no stock to market. The story is that a grant count was wrong for 32 days on the public record, and the company gave no reason beyond "administrative." What Changed Filing Form Filed RSUs reported Transaction date Original Form 4 Sep 11, 2026 172,507 Sep 9, 2026 Correction Form 4/A Oct 13, 2026 160,418 Sep 9, 2026 Difference -12,089 (-7.0%) Source: SEC EDGAR. Original: accession 0002152188-26-000005 (filed Sep 11, 2026). Amendment: accession 0002152188-26-000007 (signed Oct 13, 2026). Percentage computed by SharkWater from the two filed figures. Both filings code the award A at $0 and show direct ownership. Everything else matches. Same grant date, same vesting schedule: 10 percent vests December 9, 2026, then quarterly, with tranches of 7.5, 5 and 2.5 percent over the following quarters, fully vested near the four-year mark. Neither filing checks the Rule 10b5-1 box, which fits an award rather than a market trade. Why It Matters Form 4s are the public ledger for insider equity. When the ledger is wrong, anyone tracking ownership, dilution or the value of an executive grant is working from bad inputs. A 7 percent error on one executive is small in dollars against a company this size, and I will not put a dollar value on it because I do not have a verified NVDA price series for this week. The more interesting angle is the pattern. This desk flagged on October 12 that a Tench Coxe trust balance fell by 1,000,000 shares across filings while the filings show only one 500,000 share gift. This correction is a different insider and a different type of error. It still says the same thing: the filing chain at this company is not self-checking, and the corrections arrive weeks late. A harbor chart that is off by a few feet is fine until you are the boat that draws the most. Most readers never touch the number. The ones who model insider supply need it right. The Bull Case The fix is the system working. Nvidia and the filer caught and amended the error on their own, and the amendment is public on EDGAR. The dollar impact is tiny. 12,089 RSUs is a rounding error against the share count of a company of this size, and no cash or stock changed hands. The terms did not move. Grant date, vesting dates and tranche percentages are identical in both filings. The Bear Case The reason is thin. "Administrative error" does not say whether the grant itself was reduced or the first filing was simply mistyped. I could not verify which. The delay is long. The record sat wrong for 32 days, September 11 to October 13. It is the second oddity in a week. The unreconciled 500,000 share Coxe gap from the October 12 post is still open. NOT VERIFIED either way. The SharkWater Take I am not building a trade on this and you should not either. It is a bookkeeping correction on an RSU award, and RSU awards do not create selling pressure the day they are granted. I am keeping it on the board for one reason. Two ledger problems at the same issuer in two days is a pattern worth one more look, and if a third shows up I will write the pattern, not the filing. Until then this is housekeeping, and I am calling it that. Tight lines, SharkWater Educational and informational purposes only. Not personalized investment advice. All figures sourced as noted and accurate as of publication. The author may hold positions in securities discussed. Do your own work.