NVIDIA (NVDA) EVP and general counsel awarded 47,048 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teter Timothy S. reported acquisition or exercise transactions in this Form 4 filing.
NVIDIA CORP executive vice president and general counsel Timothy S. Teter received an award of 47,048 restricted stock units of common stock. The RSUs were granted for no cash consideration as equity compensation.
The RSUs will vest 6.25% on June 17, 2026 and 6.25% every three months afterward, becoming fully vested around the four-year anniversary of the grant date. Following the award, he holds 524,795 shares directly and 2,629,549 shares indirectly through The Horne Teter Family Living Trust, of which he is trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Teter Timothy S.
Role
EVP, General Counsel and Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,048 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 524,795 shares (Direct);
Common Stock — 2,629,549 shares (Indirect, The Horne Teter Family Living Trust, dated February 1, 2019)
Footnotes (1)
- The restricted stock units ("RSUs") shall vest as to 6.25% of the shares on June 17, 2026 and 6.25% of the shares every three months thereafter, such that the shares are fully vested on approximately the four (4) year anniversary of the date of grant. The shares represent RSUs that were received as an award, for no consideration. Shares held by The Horne Teter Family Living Trust, dated 02/01/2019, of which the Reporting Person is trustee.
FAQ
What did NVIDIA (NVDA) executive Timothy S. Teter report in this Form 4 filing?
Timothy S. Teter reported receiving an award of 47,048 restricted stock units of NVIDIA common stock. These equity units were granted for no cash consideration, increasing his direct and indirect share-based holdings in the company.
How do Timothy S. Teter’s new NVIDIA RSUs vest over time?
The RSUs vest 6.25% on June 17, 2026, then 6.25% every three months. This schedule continues until the award is fully vested around the four-year anniversary of the original grant date, aligning compensation with longer-term service.