NVIDIA counsel awarded 98,328 performance stock units
NVIDIA CORP executive Timothy S. Teter reported stock awards that increased his holdings.
Rhea-AI Filing Summary
NVIDIA CORP executive Timothy S. Teter reported stock awards that increased his holdings. On March 2, 2026, he acquired 57,488 shares of common stock earned from a performance-based award that vests 25% on March 18, 2026 and 6.25% every three months until roughly four years after grant.
On the same date, he acquired an additional 40,840 restricted stock units received for no cash consideration, earned over a performance period ending January 25, 2026 and scheduled to vest 100% on March 18, 2026. Following these acquisitions, he directly owned 477,747 shares and indirectly held 2,629,549 shares through The Horne Teter Family Living Trust, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57,488 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 40,840 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Represents the number of shares earned based on the achievement of a pre-established operating plan performance goal during the Issuer's fiscal year ended January 25, 2026. The shares earned will vest as to 25% on March 18, 2026 and as to 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.
- F2. The shares represent restricted stock units that were received as an award, for no consideration.
- F3. Includes 219 shares purchased pursuant to the Issuer's Employee Stock Purchase Plan on February 27, 2026.
- F4. Represents the number of shares earned based on achievement of a pre-established performance goal from January 30, 2023 through January 25, 2026. The shares earned will vest as to 100% on March 18, 2026, such that the shares will be fully vested on approximately the three (3) year anniversary of the date of grant.
- F5. Shares held by The Horne Teter Family Living Trust, dated 02/01/2019, of which the Reporting Person is trustee.
FAQ
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