Teter Timothy S. 4

What Happened
Timothy S. Teter, NVIDIA’s Executive Vice President, General Counsel and Secretary, had 66,506 shares of NVIDIA common stock withheld on 2026-03-18 to satisfy tax liabilities tied to the vesting of restricted stock units (reported as a disposition). The withholding was executed at $181.93 per share, totaling approximately $12,099,437. This was a tax-withholding event (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (timely filing).
• Withheld shares: 66,506 at $181.93 per share; total value ≈ $12,099,437.
• Shares owned after transaction: not specified in the provided excerpt (see full Form 4 for post-transaction holdings).
• Relevant footnotes from the filing:
  • F1: Shares withheld by NVIDIA to satisfy taxes due in connection with RSU vesting.
  • F2: Includes 57,429 shares issued upon vesting of RSUs.
  • F3: Reflects 57,648 shares transferred without consideration from Mr. Teter to The Horne Teter Family Living Trust (dated 02/01/2019), of which he is trustee.
  • F4: Shares held by the Trust.
• Transaction code meaning: F = tax withholding (routine for vested awards), not a directional buy/sell signal.

Context
This was a routine tax-withholding action tied to RSU vesting (cashless conversion of vested awards), commonly seen after grants vest and does not necessarily indicate the insider’s view of company prospects. The filing notes related share issuance and a separate transfer to a family trust; such transfers (gifts or trust funding) also do not necessarily reflect market sentiment.