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AI English summary of an SEC filing — figures as filed

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The company said its Board of Directors appointed Ellen Ochoa as a director on November 7, 2024. As a result, the number of directors on the full board increased from 12 to 13.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its Board of Directors appointed Ellen Ochoa as a director on November 7, 2024. As a result, the number of directors on the full board increased from 12 to 13.

  2. The company said Dr. Ochoa is expected to be appointed as a member of the Nominating and Corporate Governance Committee of the Board.

  3. NVIDIA said Dr. Ochoa will be granted, under the 2007 Plan, an initial grant of 1,848 restricted stock units, vesting approximately semi-annually over 3 years, and a pro-rated annual grant of 1,321 restricted stock units, all of which will vest on May 21, 2025.

  4. The company said Dr. Ochoa will receive a pro-rated annual cash retainer of $53,800, payable starting on November 7, 2024, and that it has entered into an indemnity agreement with her in connection with her board service.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Ellen Ochoa Appointed to Board

The company said its Board of Directors appointed Ellen Ochoa as a director on November 7, 2024. As a result, the number of directors on the full board increased from 12 to 13.

Source · Based on the filing body and exhibits

Nominating and Corporate Governance Committee Membership Expected

The company said Dr. Ochoa is expected to be appointed as a member of the Nominating and Corporate Governance Committee of the Board.

Source · Based on the filing body and exhibits

Equity Awards Granted on Director Appointment

NVIDIA said Dr. Ochoa will be granted, under the 2007 Plan, an initial grant of 1,848 restricted stock units, vesting approximately semi-annually over 3 years, and a pro-rated annual grant of 1,321 restricted stock units, all of which will vest on May 21, 2025.

Source · Based on the filing body and exhibits

Annual Cash Retainer and Indemnity Agreement

The company said Dr. Ochoa will receive a pro-rated annual cash retainer of $53,800, payable starting on November 7, 2024, and that it has entered into an indemnity agreement with her in connection with her board service.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.