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huang renxun sells nvidia shares again, cashing out about $600 million since june 2024

2024-09-05

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it home reported on september 5 that according to documents submitted by the u.s. securities and exchange commission (sec) on september 4 local time, nvidia ceo jensen huang sold a total of 240,000 shares of nvidia common stock between august 30 and september 3, with a price ranging from us$107.30 to us$120.99, with a total value of approximately us$27.6 million (it home note: currently approximately rmb 196 million).

sec documents show that huang renxun began selling nvidia shares on june 13 this year, and sold them at an average rate of about $14 million per day throughout the summer. specifically, huang renxun sold nearly $170 million worth of stocks in june, $323 million worth of stocks in july, and about $116 million worth of stocks from august to date, with a cumulative sales amount of more than $600 million. currently, huang renxun still holds about 76 million shares of nvidia.

huang renxun's stock sale plan was announced as early as march this year. at that time, nvidia mentioned in its quarterly financial report that huang renxun would sell up to 600,000 shares through a 10b5-1 stock sale plan by the end of march 2025.