NVIDIA EVP shares withheld for RSU tax payment
NVIDIA CORP executive Ajay K. Puri reported a compensation-related share withholding rather than an open-market trade.
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Rhea-AI Filing Summary
NVIDIA CORP executive Ajay K. Puri reported a compensation-related share withholding rather than an open-market trade. On this Form 4, 36,927 shares of common stock were withheld by the company at $207.41 per share to cover taxes due on vesting restricted stock units.
After this tax-withholding disposition, Puri directly holds 600,321 NVIDIA shares. Footnotes state that 37,548 shares were issued upon the vesting of previously reported restricted stock units, and additional indirect holdings are shown in trusts, including 3,018,547 shares held by the Ajay K. Puri Revocable Trust and 46,360 shares held by a children's trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 36,927 | $207.41 | $7.66M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. Includes 37,548 shares issued upon the vesting of restricted stock units previously reported on a Form 4.
- F3. The shares are held by the Ajay K. Puri Revocable Trust dtd 12/10/2015, of which the Reporting Person is trustee.
- F4. The shares are held by The Puri 2019 Irrevocable Children's Trust dtd 12/06/2019, of which the Reporting Person is trustee. Mr. Puri disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein, if any.
Key Figures
Key Terms
restricted stock units financial
Revocable Trust financial
Irrevocable Children's Trust financial
tax-withholding disposition financial
FAQ
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What did NVIDIA (NVDA) EVP Ajay K. Puri report in this Form 4?
What restricted stock unit activity did Ajay K. Puri report for NVIDIA (NVDA)?
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