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NVIDIA (NVDA) EVP Teter logs RSU tax withholding and major trust holdings

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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.

SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Teter Timothy S.

(Last)(First)(Middle)
C/O NVIDIA CORPORATION
2788 SAN TOMAS EXPRESSWAY

(Street)
SANTA CLARA CALIFORNIA 95051

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NVIDIA CORP [ NVDA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, General Counsel and Sec
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/18/2026F66,506(1)D$181.93400,641(2)(3)D
Common Stock2,687,197(3)IThe Horne Teter Family Living Trust, dated February 1, 2019(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer to satisfy taxes due by the Reporting Person in connection with the vesting of restricted stock units previously reported on a Form 4.
2. Includes 57,429 shares issued upon the vesting of restricted stock units previously reported on a Form 4.
3. Reflects 57,648 shares transferred without consideration from the Reporting Person to The Horne Teter Family Living Trust, dated 02/01/2019 (the "Trust"), of which the Reporting Person is trustee.
4. Shares held by the Trust.
Remarks:
/s/ Tina Ashcraft, Attorney-in-Fact for Timothy S. Teter03/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did NVIDIA (NVDA) executive Timothy Teter report in this Form 4?

Timothy S. Teter reported tax-related share withholding and trust ownership updates. NVIDIA withheld 66,506 shares to cover RSU vesting taxes, and a family trust associated with him reported indirect ownership of 2,687,197 shares after an internal, no‑consideration transfer.

Were NVIDIA (NVDA) shares sold on the open market in this Form 4?

No open-market sale is reported. The 66,506 shares were withheld by NVIDIA to satisfy tax liabilities from RSU vesting, a non-market transaction. Another 57,648 shares were transferred without consideration to a family trust, not sold to public investors.

How many NVIDIA (NVDA) shares does Timothy Teter hold after these transactions?

After these transactions, Timothy Teter holds 400,641 shares directly. In addition, The Horne Teter Family Living Trust, where he is trustee, holds 2,687,197 NVIDIA shares indirectly, according to the holding entry included in this Form 4 filing.

What is the purpose of the 66,506 NVIDIA (NVDA) shares withheld in the filing?

The 66,506 shares were withheld by NVIDIA to pay taxes due on vesting restricted stock units. Instead of paying cash, shares are retained by the company at $181.93 per share, a common method for settling equity compensation tax obligations.

What does the transfer to The Horne Teter Family Living Trust mean for NVDA ownership?

The filing notes 57,648 shares were transferred without consideration from Timothy Teter to The Horne Teter Family Living Trust. As he is trustee, these shares are now reported as indirect ownership, shifting form of holding rather than reducing his overall NVIDIA equity exposure.

Did this NVIDIA (NVDA) Form 4 include any option exercises or derivative trades?

No option exercises or derivative transactions are shown. The derivative summary is empty, and activity centers on RSU vesting, tax withholding of 66,506 shares, and an internal transfer of 57,648 shares to a family trust, all involving common stock only.
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