Form 4: NVIDIA EVP Teter Reports Routine Stock Transactions
Statement of Changes in Beneficial Ownership
NVIDIA's EVP, General Counsel, and Secretary, Timothy S. Teter, reported routine transactions including shares withheld for taxes and a transfer to a family trust.
Summary
- Timothy S. Teter, NVIDIA's EVP, General Counsel, and Secretary, reported changes in his beneficial ownership of NVIDIA common stock.
- 66,506 shares were withheld by NVIDIA to cover tax obligations related to the vesting of previously reported restricted stock units (RSUs).
- The shares withheld for taxes were valued at $181.93 per share.
- An additional 57,429 shares were issued to Mr. Teter upon the vesting of restricted stock units.
- 57,648 shares were transferred without consideration from Mr. Teter to The Horne Teter Family Living Trust, dated February 1, 2019, of which he is the trustee.
- Following these transactions, Mr. Teter directly owns 400,641 shares of common stock.
- The Horne Teter Family Living Trust indirectly owns 2,687,197 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions related to executive compensation and personal estate planning, with no direct implications for NVIDIA's operational or financial performance.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding NVIDIA's future performance or strategic direction.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as RSU vesting and tax withholdings, are common occurrences for executives at publicly traded technology companies like NVIDIA. These transactions are typically part of pre-arranged compensation plans and estate planning, and do not usually reflect a change in the company's operational performance or strategic outlook.
Related Party Transactions
- Timothy S. Teter transferred 57,648 shares without consideration to The Horne Teter Family Living Trust, dated February 1, 2019, of which he is the trustee.
Stakeholder Impact
- Minimal direct impact on shareholders, as these are routine insider transactions related to executive compensation and personal estate planning.
Key Dates
| Date | Description |
|---|---|
| 02/01/2019 | Date of The Horne Teter Family Living Trust establishment. |
| 03/18/2026 | Date of reported stock transactions, including tax withholding and share transfer. |
| 03/20/2026 | Date the Form 4 was signed. |
Keywords
NVIDIA, NVDA, Timothy S. Teter, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Ownership
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