Form 4: NVIDIA Executive Timothy S. Teter Reports Stock Transactions
SEC Form 4 Filing
EVP, General Counsel and Secretary of NVIDIA, Timothy S. Teter, reports the withholding of shares to cover taxes and vesting of restricted stock units.
Summary
- Timothy S. Teter, EVP, General Counsel and Secretary of NVIDIA, filed a Form 4 detailing changes in beneficial ownership.
- On March 19, 2025, 87,218 shares of NVIDIA common stock were withheld to satisfy tax obligations related to the vesting of restricted stock units.
- The price per share for the tax withholding was $115.43.
- Following the transaction, Teter directly owns 661,962 shares of NVIDIA common stock.
- Additionally, Teter indirectly owns 2,458,055 shares through The Horne Teter Family Living Trust, dated February 1, 2019, where he serves as trustee.
- 75,552 shares were issued upon the vesting of restricted stock units previously reported.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This filing indicates the executive is managing their tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/01/2019 | Date of The Horne Teter Family Living Trust |
| 03/19/2025 | Date of stock transaction (tax withholding) |
| 03/21/2025 | Date of Form 4 filing |
Keywords
Form 4, NVIDIA, NVDA, Timothy S. Teter, Beneficial Ownership, Stock Transaction, Restricted Stock Units, Tax Withholding, Executive Compensation
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