---
schema_version: "secwatch.filing_event.v1"
accession: "0001045810-22-000023"
form_type: "8-K"
ticker: "NVDA"
cik: "0001045810"
company_name: "NVIDIA CORP"
filed_at: "2022-03-09T23:59:59+00:00"
generated_at: "2026-06-27T00:17:11.184550+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# NVIDIA sets FY2023 executive variable comp targets tied to revenue; adopts majority vote standard for director elections

## Summary
- CEO Jen-Hsun Huang gets $2M target (200% base); other NEOs $250K-$650K based on FY2023 revenue.
- Payouts range from 0% to 200% of target depending on threshold, base, or stretch revenue goals.
- Board amended bylaws to require majority vote for uncontested director elections; plurality for contested.
- Resignation policy for directors failing plurality vote remains unchanged; changes effective March 3, 2022.

## SEC filing metadata
- accession: 0001045810-22-000023
- form_type: 8-K
- ticker: NVDA
- cik: 0001045810
- company_name: NVIDIA CORP
- filed_at: 2022-03-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045810/000104581022000023/0001045810-22-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045810/000104581022000023/nvda-20220303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001045810-22-000023
- JSON: https://secwatch.observer/filing/0001045810-22-000023.json
- Plain text: https://secwatch.observer/filing/0001045810-22-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.