A Form 4 filed on September 11, 2026 with the SEC discloses that Nicholas P. Parker, Executive Vice President of Worldwide Field Operations at NVIDIA CORP (NASDAQ:NVDA), was awarded 172,507 restricted stock units on September 9, 2026 for no cash consideration.

Key Highlights

  • Award size: 172,507 shares of Common Stock were acquired via restricted stock units (RSUs) at a price of $0.
  • Transaction code: The transaction was coded "A" (acquisition), reflecting an award rather than an open-market purchase.
  • Resulting ownership: Following the transaction, Parker directly holds 172,507 shares of Common Stock.
  • Vesting schedule: RSUs begin vesting at 10% on December 9, 2026, with subsequent quarterly tranches stepping down to 7.5%, then 5%, then 2.5%, reaching full vesting at approximately the four-year anniversary of the grant date.
  • Signatory: The form was signed by Tina Ashcraft as Attorney-in-Fact for Nicholas P. Parker.

Details of the RSU Award to NVIDIA's EVP of Worldwide Field Operations

According to the filing, Parker received 172,507 RSUs on September 9, 2026, reported under Table I as a non-derivative security acquisition. The filing states the shares "represent RSUs that were received as an award, for no consideration," meaning no cash was exchanged. The reported price is listed as $0. Parker's beneficial ownership following the transaction is recorded as 172,507 shares held directly.

The vesting schedule, as described in the filing's footnotes, begins with 10% of shares vesting on December 9, 2026, and continues with quarterly installments every three months thereafter. The schedule then transitions to 7.5% per quarter for four quarters, followed by 5% per quarter for four quarters, and concludes with 2.5% per quarter for four quarters, "such that the shares are fully vested on approximately the four (4) year anniversary of the date of grant," according to the filing.

The Form 4 was filed on September 11, 2026, with September 9, 2026 listed as the date of earliest transaction. No derivative securities were reported in Table II. The filing identifies Parker's role as EVP, Worldwide Field Ops, and confirms the form was filed by one reporting person.

What Was Disclosed

The filing disclosed an RSU award of 172,507 shares of NVIDIA Common Stock granted to EVP Nicholas P. Parker at no cost, with a four-year graded vesting schedule beginning December 9, 2026, resulting in direct beneficial ownership of 172,507 shares.