NVIDIA Corp Files 8-K on Director and Officer Changes
Ticker: NVDA · Form: 8-K · Filed: Nov 7, 2024 · CIK: 1045810
| Field | Detail |
|---|---|
| Company | Nvidia CORP (NVDA) |
| Form Type | 8-K |
| Filed Date | Nov 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $53,800 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: NVDA
TL;DR
NVDA filed an 8-K: board changes and exec comp updates. Watch for details.
AI Summary
On November 7, 2024, NVIDIA Corporation filed an 8-K report detailing changes in its board of directors and executive compensation. The filing indicates the election of new directors and potential adjustments to compensatory arrangements for certain officers, though specific details on dollar amounts or new appointments are not provided in this excerpt.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance.
Risk Assessment
Risk Level: low — This filing is procedural, reporting on board and executive changes without immediate financial implications.
Key Players & Entities
- NVIDIA CORP (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- 2788 San Tomas Expressway, Santa Clara, CA 95051 (address) — Principal executive offices
FAQ
What specific changes were made to NVIDIA's board of directors?
The filing indicates the election of directors, but the specific names and number of directors elected are not detailed in this excerpt.
Are there any details on new executive appointments?
The filing mentions 'Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers,' but does not specify any new appointments or details of these arrangements in the provided text.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is November 7, 2024.
What is NVIDIA's IRS Employer Identification Number?
NVIDIA's IRS Employer Identification Number is 94-3177549.
What is the SIC code for NVIDIA?
NVIDIA's Standard Industrial Classification (SIC) code is 3674, which corresponds to SEMICONDUCTORS & RELATED DEVICES.
Filing Stats: 594 words · 2 min read · ~2 pages · Grade level 12.8 · Accepted 2024-11-07 16:35:26
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share NVDA The Nasdaq Glo
- $53,800 — ted a pro-rated annual cash retainer of $53,800, payable starting on November 7, 2024.
Filing Documents
- nvda-20241107.htm (8-K) — 20KB
- 0001045810-24-000300.txt ( ) — 141KB
- nvda-20241107.xsd (EX-101.SCH) — 2KB
- nvda-20241107_lab.xml (EX-101.LAB) — 21KB
- nvda-20241107_pre.xml (EX-101.PRE) — 12KB
- nvda-20241107_htm.xml (XML) — 3KB
From the Filing
nvda-20241107 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ______________ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 7, 2024 NVIDIA CORP ORATION (Exact name of registrant as specified in its charter) Delaware 0-23985 94-3177549 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 2788 San Tomas Expressway , Santa Clara , CA 95051 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 408 ) 486-2000 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value per share NVDA The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging Growth Company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On November 7, 2024, the Board of Directors, or the Board, of NVIDIA Corporation appointed Ellen Ochoa as a member of the Board and the number of directors constituting the full Board was increased from twelve to thirteen. Dr. Ochoa is expected to be appointed to serve as a member of the Nominating and Corporate Governance Committee of the Board. In connection with her appointment to the Board, Dr. Ochoa will be granted pursuant to our Amended and Restated 2007 Equity Incentive Plan, or the 2007 Plan: (a) an initial equity grant of 1,848 restricted stock units, vesting approximately semi-annually over three years, and (b) a pro-rated annual equity grant of 1,321 restricted stock units, all of which will vest on May 21, 2025. Additionally, she was granted a pro-rated annual cash retainer of $53,800, payable starting on November 7, 2024. The 2007 Plan is filed as Exhibit 10.1 to our Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission, or the SEC, on August 28, 2024. In addition, we have entered into an indemnity agreement with Dr. Ochoa in connection with her service as a member of the Board. The form of indemnity agreement is filed as Exhibit 10.1 to our Current Report on Form 8-K filed with the SEC on March 7, 2006. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NVIDIA Corporation Date: November 7, 2024 By: /s/ Rebecca Peters Rebecca Peters Vice President, Deputy General Counsel and Assistant Secretary