COXE TENCH 4
4 · NVIDIA CORP · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
NVIDIA Director Coxe Tench Receives 1,211-Share Award
What Happened
Coxe Tench, a director of NVIDIA Corp. (NVDA), was granted 1,211 restricted stock units (RSUs) on June 25, 2026 as an annual board service award. The grant was issued at $0 (no cash paid). Per the filing, 50% of the RSUs vest on November 18, 2026 and the remaining 50% vest on May 19, 2027; the award fully vests immediately if the director’s service terminates due to death.
Key Details
- Transaction type: Award/Grant (RSUs) — code A
- Transaction date: 2026-06-25; reported on Form 4 filed 2026-06-29
- Shares awarded: 1,211 RSUs; grant price $0 (no consideration)
- Vesting: 50% on Nov 18, 2026; 50% on May 19, 2027; accelerated vesting on death (Footnote F1)
- Shares owned after transaction: Not specified in this filing
- Other footnotes: Some shares held in a trust where the reporting person is trustee (F2) and in a retirement trust (SHV Profit Sharing Plan) for the benefit of the reporting person (F3) — reporting person disclaims beneficial ownership of trust-held shares except to the extent of pecuniary interest
- Exhibit: Exhibit 24 — Power of Attorney
Context
This is a routine director compensation award (RSUs) rather than an open-market purchase or sale. RSUs are restricted and only become actual shares when they vest; awards at no cost do not necessarily signal insider buying interest. The filing documents the grant and vesting terms so investors can track future unlocking of shares.
Insider Transaction Report
- Award
Common
[F1]2026-06-25+1,211→ 57,378 total
- 25,671,360(indirect: By Trust)
Common
[F2] - 4,852,480(indirect: By Trust)
Common
[F3]
Footnotes (3)
- [F1]Annual grant in connection with service on the Board of Directors. The shares represent restricted stock units that were received as an award, for no consideration. The restricted stock units shall vest as to 50% of the shares on November 18, 2026 and 50% of the shares on May 19, 2027. If the Reporting Person's service as a director terminates at any time due to death, the grant shall immediately become fully vested.
- [F2]Shares held by a trust of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest in the trust.
- [F3]Shares held by SHV Profit Sharing Plan, a retirement trust, for the benefit of the Reporting Person.