🚨 BREAKING NEWS | NVIDIA SHARE CLAIM WORTH 1 BILLION DOLLARS
Former NVIDIA advisor Eric Gullichsen claimed that a “vesting” error was made in a stock option agreement signed in 1993, and that he is owed shares worth approximately $1 billion. 💰
📌 Gullichsen says his contract stated that 25,000 options would fully vest within one year, but that instead NVIDIA applied a four-year vesting schedule.
📊 It’s reported that the 9,375 options in question correspond to about 4.5 million shares after stock splits over the years, and that their value reached approximately $1.01 billion based on the closing price on September 25.
🔎 Gullichsen said he noticed the discrepancy while re-examining documents in 2024, and that he did not accept NVIDIA’s settlement offer at a lower price.
⚠️ It is reported that NVIDIA has not made any public statement regarding the claims.
#NVIDIA #NVDA #StockMarket #WallStreet #Shares
Former NVIDIA advisor Eric Gullichsen claimed that a “vesting” error was made in a stock option agreement signed in 1993, and that he is owed shares worth approximately $1 billion. 💰
📌 Gullichsen says his contract stated that 25,000 options would fully vest within one year, but that instead NVIDIA applied a four-year vesting schedule.
📊 It’s reported that the 9,375 options in question correspond to about 4.5 million shares after stock splits over the years, and that their value reached approximately $1.01 billion based on the closing price on September 25.
🔎 Gullichsen said he noticed the discrepancy while re-examining documents in 2024, and that he did not accept NVIDIA’s settlement offer at a lower price.
⚠️ It is reported that NVIDIA has not made any public statement regarding the claims.
#NVIDIA #NVDA #StockMarket #WallStreet #Shares
