Form 4: NVIDIA Executive Donald F. Robertson Jr. Reports Stock Transaction
SEC Form 4 Filing
NVIDIA's Principal Accounting Officer, Donald F. Robertson Jr., reported a transaction involving the withholding of shares to cover taxes and the acquisition of shares through the Employee Stock Purchase Plan and vesting of restricted stock units.
Summary
- Donald F. Robertson Jr., Principal Accounting Officer at NVIDIA, filed a Form 4 disclosing a transaction on March 20, 2024.
- The transaction involved the withholding of 875 shares of NVIDIA common stock to cover taxes related to the vesting of restricted stock units.
- The price per share for the withheld stock was $903.72.
- Following the transaction, Robertson directly owns 50,265 shares of NVIDIA common stock.
- This total includes 179 shares purchased through the Employee Stock Purchase Plan on February 29, 2024, and 1,049 shares from the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral report of a stock transaction.
Industry Context
This is a routine filing related to stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the holdings of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transactions reported are typical for executives who receive stock-based compensation and participate in employee stock purchase plans.
- Other technology companies such as AMD, Intel, and Qualcomm also have similar filings from their executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine transaction related to executive compensation.
- The transaction is part of the company's compensation plan for its employees.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of purchase of 179 shares through the Employee Stock Purchase Plan. |
| 03/20/2024 | Date of the reported stock transaction involving tax withholding. |
| 03/22/2024 | Date the Form 4 was signed. |
Keywords
NVIDIA, stock transaction, Form 4, insider trading, Donald F. Robertson Jr., restricted stock units, employee stock purchase plan, tax withholding
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