---
schema_version: "secwatch.filing_event.v1"
accession: "0001045810-24-000069"
form_type: "8-K"
ticker: "NVDA"
cik: "0001045810"
company_name: "NVIDIA CORP"
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T18:43:17.821877+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# NVIDIA adopts FY2025 variable comp plan; CEO Huang target $3M; bylaw amendment for special meetings

## Summary
- CEO Jen-Hsun Huang target award $3M (200% base salary); other NEOs: Kress $300K, Puri $650K, Shoquist $250K, Teter $250K.
- Payouts based on FY2025 revenue at threshold (50% base), base (100%), stretch (200% max); revenue adjusted for M&A.
- Bylaws amended: shareholders owning 15%+ voting power continuously for 1 year can call special meetings; list requirement removed.
- Participants must be employed through payment date; payments subject to clawback under Company's Compensation Recovery Policy.

## SEC filing metadata
- accession: 0001045810-24-000069
- form_type: 8-K
- ticker: NVDA
- cik: 0001045810
- company_name: NVIDIA CORP
- filed_at: 2024-03-14T23:59:59+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/1045810/000104581024000069/0001045810-24-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045810/000104581024000069/nvda-20240308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001045810-24-000069
- JSON: https://secwatch.observer/filing/0001045810-24-000069.json
- Plain text: https://secwatch.observer/filing/0001045810-24-000069.txt

## Key facts
- Governance Changes
  NVIDIA CORP: Amended and restated Bylaws to permit stockholders owning at least 15% voting power for at least one year to call special meetings, eliminate stockholder list requirement at meetings, and incorporate technical changes (effective 2024-03-12).
  - Change: bylaw amendment
  - Effective: 2024-03-12
  source text: On March 12, 2024, the Board of the Company amended and restated the Company’s Bylaws, or the Restated Bylaws, which became effective immediately upon adoption by the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045810/000104581024000069/0001045810-24-000069-index.htm

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