NVIDIA (NVDA) EVP Teter logs RSU tax withholding and major trust holdings
Rhea-AI Filing Summary
NVIDIA CORP executive Timothy S. Teter reported routine equity and tax events involving company stock. On March 18, 2026, 66,506 shares of common stock were withheld by NVIDIA to cover taxes due on the vesting of previously granted restricted stock units, rather than sold in the open market. The filing notes that 57,429 shares were issued upon this RSU vesting. It also reflects 57,648 shares transferred without consideration from Teter to The Horne Teter Family Living Trust, where he serves as trustee. After these events, he holds 400,641 shares directly, and the trust holds 2,687,197 shares indirectly, indicating these transactions are primarily administrative and compensation-related rather than discretionary market trades.
Positive
- None.
Negative
- None.
Insights
Events are routine tax and trust moves, not open-market trading.
The filing shows NVIDIA EVP and General Counsel Timothy S. Teter had 66,506 shares withheld at $181.93 per share to satisfy tax obligations on RSU vesting. This is a standard mechanism, not a discretionary sale, and does not signal a change in sentiment.
Footnotes clarify 57,429 shares were issued upon vesting of restricted stock units and 57,648 shares were transferred without consideration to a family trust. Following these steps, he holds 400,641 shares directly and the trust holds 2,687,197 shares indirectly, suggesting he retains a substantial equity position.
Because these transactions are compensation-driven and involve internal transfers to The Horne Teter Family Living Trust, their market impact appears limited. Subsequent company filings may provide further context on future RSU vesting or additional trust-related movements, but this event alone looks administratively routine.
FAQ
What did NVIDIA (NVDA) executive Timothy Teter report in this Form 4?
Were NVIDIA (NVDA) shares sold on the open market in this Form 4?
How many NVIDIA (NVDA) shares does Timothy Teter hold after these transactions?
What is the purpose of the 66,506 NVIDIA (NVDA) shares withheld in the filing?
What does the transfer to The Horne Teter Family Living Trust mean for NVDA ownership?
Did this NVIDIA (NVDA) Form 4 include any option exercises or derivative trades?