Form 4: NVIDIA CFO Colette Kress Reports Acquisition of 57,106 Shares of Common Stock

NVIDIA's EVP & CFO, Colette Kress, reports acquiring 57,106 shares of common stock through restricted stock units.

Summary

• Colette Kress, the EVP & Chief Financial Officer of NVIDIA Corp, filed a Form 4 on March 12, 2025, reporting changes in beneficial ownership.
• On March 10, 2025, Kress acquired 57,106 shares of NVIDIA common stock through the vesting of restricted stock units (RSUs).
• The RSUs were awarded for no consideration.
• The RSUs vest in increments of 6.25% every three months, starting June 18, 2025, with full vesting occurring approximately four years from the grant date.
• Following the reported transaction, Kress directly owns 3,256,390 shares.
• Kress also indirectly owns shares through a trust (183,060 shares), a limited liability company (812,934 shares), immediate family members (4,000 shares each), and grantor retained annuity trusts (733,676 shares each).

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard executive compensation practice, and the acquisition of shares by the CFO can be seen as a sign of confidence in the company.

Positives

• The acquisition of shares by a high-ranking executive like the CFO can be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs suggests a long-term commitment by the CFO to the company's success.

Industry Context

Executive stock ownership is a common practice in publicly traded companies to align management's interests with those of shareholders. This filing reflects standard compensation practices.

Comparison to Industry Standards

• Executive compensation packages often include stock options and restricted stock units to incentivize performance and retention, which is a common practice among technology companies like NVIDIA, AMD, Intel, and Qualcomm.
• The vesting schedule of four years is a typical timeframe for such grants, aligning with industry norms for long-term incentive plans.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a key executive.

Key Dates