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Form 4 code G · Bona fide gift

What does code G mean on Form 4?

Code G means a bona fide gift. The row can show acquired or disposed depending on which side of the transfer the reporting person reports; a D marker does not convert the gift into a sale.

A/D contextCan be an acquisition or disposition depending on the reporting person’s side of the gift. Direction identifies transfer side—not market sale status.
By Buteon Research6 min readPublished Last reviewed
Official definition → plain English

What code G means

Official Form 4 label
Bona fide gift
Plain-English meaning

Securities moved as a bona fide gift rather than through a purchase or sale.

  • An exempt Section 16 transaction code for a bona fide gift of securities.
  • A transfer that may be reported from the giver’s side, the recipient’s side, or through related ownership structures.
  • A filing event where ownership form and explanatory text can be more informative than a dramatic share count.
Boundary check

What code G does not mean

  • An open-market sale merely because the reporting person disposed of shares.
  • Proof of charitable, estate, tax, or family motive unless the filing actually identifies that detail.
  • Evidence that consideration changed hands when the filing reports none.
Read the row in context

How code G appears on Form 4

  1. A giver commonly reports code G with a D marker; a reporting recipient can show code G with an A marker.

  2. The price may be absent or shown as zero when the transfer has no reported consideration.

  3. Direct or indirect ownership and the nature-of-ownership field can identify a trust, foundation, fund, or another holding relationship.

Connected rows

Common event shapes involving code G

G · disposed

The reporting person gives securities

Check whether consideration is reported and whether a footnote identifies recipients or the ownership vehicle involved.

G · acquired

The reporting person receives gifted securities

The acquired marker records the recipient side; it is not a purchase and should not be grouped with code-P capital deployment.

G A/D pair

A transfer between reported ownership forms

Related acquired and disposed rows can trace the same securities through trusts or other structures without a market trade.

Reality check

Common misreads

  • Using “disposed” and “sold” as interchangeable words despite the code-G classification.
  • Assuming the recipient or purpose when the filing only describes a transfer or ownership vehicle.
  • Adding gifted shares to a separate code-S sale and reporting one larger market disposition.
Before interpretation

Questions to ask next

  1. Does the row show the reporting person as giver or recipient?

  2. Was any consideration reported for the transfer?

  3. Did ownership move directly, through a trust, or through another entity?

  4. Does the explanation identify a recipient or purpose, or would naming one require speculation?

  5. Is a separate sale, purchase, or compensation row present on the same form?

Primary filing checked

NVIDIA: a 400,000-share gift without consideration

Jensen Huang’s June 2026 filing reported a code-G disposition from a living trust, split between a named foundation and an unnamed donor-advised fund. The form reported no consideration.

  • The trust transferred 266,670 shares to The Jen-Hsun & Lori Huang Foundation and 133,330 shares to a donor-advised fund the filing does not name.
  • The D marker described Huang’s side of the gift; there was no code-S sale row in this filing.
  • The filing identified one recipient by name and the other only by category, which is as far as the document goes on where the shares went.
SEC Form 4 — Jen-Hsun Huang, filed June 18, 2026Read the related Case File
Questions readers ask

Code G FAQ

What does code G mean on Form 4?

G means a bona fide gift. It classifies a gift transfer rather than a purchase or market sale.

Can code G be reported as acquired?

Yes. The A/D marker depends on the reporting person’s side of the transfer. A recipient can report an acquisition; a giver can report a disposition.

Does a code-G disposition mean insider selling?

No. “Disposed” gives the direction of the gift from that reporting person’s perspective. Code S identifies a sale.

Does code G disclose why the gift was made?

Not necessarily. Use only recipient, ownership, consideration, and purpose details actually stated in the filing or its explanation.

Source desk

Official sources

Definitions follow the current official Form 4 instructions. Filing examples link to the primary document, not a mirror or third-party summary.

  1. Official sourceSEC — Form 4 and General Instructions (March 2026)

    Instruction 8 supplies the official transaction-code labels; Instructions 4 and 6 explain separate rows, table placement, ownership, and explanatory footnotes.

  2. Official sourceInvestor.gov — Insider Transactions and Forms 3, 4, and 5

    Official investor education covering who reports, when Form 4 is filed, and several frequently seen transaction codes.

  3. Primary filingSEC Form 4 — Jen-Hsun Huang, filed June 18, 2026

    Primary filing for a 400,000-share code-G disposition, no reported consideration, one named foundation, and a second destination described only as a donor-advised fund.

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Buteon provides market data analysis and signal interpretation for informational and educational purposes. It is not a broker, custodian, or investment adviser, and this page is not investment advice or a buy/sell recommendation. Verify the official filing before relying on any transaction description.