NVIDIA CORP — Form 8-K
Filed July 2, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
On June 28, 2026, Ajay K. Puri (21-year EVP at NVIDIA) announced retirement, effective when his successor starts. On July 1, 2026, NVIDIA appointed Nicholas Parker (age 55, from Microsoft) as EVP Worldwide Field Operations, starting August 24, 2026. Parker receives: $1M annual base salary, $5M sign-on bonus, $1.5M target annual variable compensation, $35M RSU grant (4-year vest), and $5M multi-year PSU grant (3-year performance period based on S&P 500 TSR). Total first-year compensation package approximately $46.5M.
Why this rating
Executive transition with backfill; ~$46.5M comp is <0.002% of $4T market cap; standard recruitment.
Extracted items
View original filing on SEC.gov ↗
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