4Filed Sep 17, 8:00 PM ET

NVIDIA (NVDA) EVP Timothy Teter Withholds 35,738 Shares for Taxes

$NVDA · NVIDIA CORP

Research Summary

AI-generated summary of this SEC filing

Updated

NVIDIA (NVDA) EVP Timothy Teter Withholds 35,738 Shares for Taxes

What Happened Timothy S. Teter, Executive Vice President, General Counsel and Secretary of NVIDIA, had 35,738 shares disposed on September 16, 2026 as payment to satisfy tax liabilities related to the vesting of restricted stock units. The shares were valued at $212.17 each, totaling $7,582,531. This was a tax-withholding (cashless settlement) tied to RSU vesting, not an open-market sale signaling a change in sentiment.

Key Details

  • Transaction date: 2026-09-16; filing date: 2026-09-18 (appears filed within the normal two-business-day window).
  • Price used for withholding: $212.17 per share.
  • Shares withheld/disposed: 35,738 shares; total value ≈ $7,582,531.
  • Footnotes: F1 indicates shares were withheld by the issuer to satisfy taxes on previously reported RSU vesting. F2 notes 30,460 of the shares were issued upon vesting of RSUs. F3 notes shares held by The Horne Teter Family Living Trust (reporting person is trustee).
  • Shares owned after the transaction: not specified in the data provided.

Context This is a routine tax-withholding transaction that accompanies RSU vesting (transaction code F). Unlike open-market purchases or discretionary sales, withholding to cover taxes is administrative and does not necessarily reflect the insider’s view of the company’s prospects.