Form 4: NVIDIA Executive Timothy S. Teter Reports Acquisition of Shares and Stock Units

EVP, General Counsel and Secretary of NVIDIA, Timothy S. Teter, reports the acquisition of common stock and restricted stock units based on performance goals.

Summary

• Timothy S. Teter, EVP, General Counsel and Secretary of NVIDIA, filed a Form 4 detailing changes in beneficial ownership.
• On March 3, 2025, Teter acquired 86,080 shares of common stock and 36,140 shares of common stock based on the achievement of pre-established performance goals.
• The 86,080 shares will vest 25% on March 19, 2025, and 6.25% every three months thereafter, fully vesting in approximately four years.
• The 36,140 shares will vest 100% on March 19, 2025.
• Following these transactions, Teter directly owns 691,691 shares of NVIDIA common stock.
• Teter also indirectly owns 2,458,055 shares through The Horne Teter Family Living Trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The filing reflects standard executive compensation practices and alignment with company performance goals, suggesting confidence in the company's future.

Positives

• The acquisition of shares based on performance goals suggests confidence in NVIDIA's future performance.
• The vesting schedules incentivize continued performance and commitment from the executive.

Future Outlook

The vesting schedules for the acquired shares suggest a long-term commitment from the executive to NVIDIA's success.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates executive compensation and alignment with company performance.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.
• The vesting schedules incentivize the executive to continue driving company performance, which benefits shareholders.

Key Dates