NVDA 8-K: Smart Summary
84% reductionOn March 2, 2026, NVIDIA Corporation's Compensation Committee adopted the Variable Compensation Plan for Fiscal Year 2027 (the '2027 Plan'), establishing cash award opportunities for named executive officers based on the achievement of specified fiscal year 2027 revenue performance goals.
Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Executive Compensation
- Jen-Hsun Huang (President and Chief Executive Officer) — Target award opportunity for base compensation plan achievement: $4,000,000, representing 200% of fiscal year 2027 base salary; award contingent on achievement of specified FY2027 revenue Performance Goals; participant must remain employed through the payment date unless otherwise determined by the Compensation Committee
- Colette M. Kress (Executive Vice President and Chief Financial Officer) — Target award opportunity for base compensation plan achievement: $1,500,000, representing 150% of fiscal year 2027 base salary; same performance and employment conditions apply
- Ajay K. Puri (Executive Vice President, Worldwide Field Operations) — Target award opportunity for base compensation plan achievement: $1,500,000, representing 150% of fiscal year 2027 base salary; same performance and employment conditions apply
- Debora Shoquist (Executive Vice President, Operations) — Target award opportunity for base compensation plan achievement: $1,500,000, representing 150% of fiscal year 2027 base salary; same performance and employment conditions apply
- Timothy S. Teter (Executive Vice President, General Counsel and Secretary) — Target award opportunity for base compensation plan achievement: $1,500,000, representing 150% of fiscal year 2027 base salary; same performance and employment conditions apply
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