Form 4: NVIDIA General Counsel Reports Future Share Vesting and Trust Transfer

NVIDIA's EVP, General Counsel, and Secretary, Timothy S. Teter, filed a Form 4 detailing future share transactions related to restricted stock unit vesting and a transfer to a family trust.

Summary

• Timothy S. Teter, EVP, General Counsel and Secretary of NVIDIA Corporation (NVDA), filed a Form 4 reporting changes in his beneficial ownership.
• On June 18, 2025, 37,089 shares of NVIDIA common stock were withheld by the Issuer at a price of $144.12 per share to satisfy tax obligations related to the vesting of restricted stock units.
• Additionally, 108,267 shares were transferred without consideration from Mr. Teter to The Horne Teter Family Living Trust, dated February 1, 2019.
• This transfer included 31,614 shares issued upon the vesting of restricted stock units on June 18, 2025.
• Following these reported transactions, Mr. Teter directly beneficially owns 516,606 shares of common stock.
• Indirectly, through The Horne Teter Family Living Trust, Mr. Teter beneficially owns 2,566,322 shares of common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reports routine, non-discretionary transactions (tax withholding) and a common estate planning move (trust transfer), rather than open market sales or purchases that would indicate a change in management's view of the company's prospects.

Positives

• The transactions reflect routine compliance with tax obligations upon RSU vesting.
• The transfer of shares to a family trust indicates standard estate planning by the executive.

Future Outlook

This Form 4 reports future transactions related to RSU vesting and trust transfers scheduled for June 18, 2025, indicating planned executive share management.

Industry Context

This filing represents a routine insider transaction for an executive at a publicly traded company, typically related to compensation vesting and personal financial planning. Such transactions are common across the technology sector and other industries where equity compensation is a significant component of executive pay.

Comparison to Industry Standards

• The withholding of shares for tax purposes upon RSU vesting is a standard practice for equity compensation across all industries, including technology companies like NVIDIA.
• The transfer of shares to a family trust is a common estate planning strategy employed by executives, consistent with practices observed at comparable companies.

Related Party Transactions

• Transfer of 108,267 shares to The Horne Teter Family Living Trust, dated February 1, 2019, of which the Reporting Person is trustee.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine, non-market transactions related to executive compensation and personal financial planning, not indicative of a change in company fundamentals or strategy.
• Employees: No direct impact.

Key Dates

Keywords

NVIDIA, NVDA, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Ownership, Timothy S. Teter, General Counsel, Trust Transfer