Documents disclosed by the Securities and Exchange Commission ( SEC ) show that Nvidia CEO Jan-xun Huang reduced his holdings in the company’s shares for four consecutive months through multiple transactions at a frequency of selling about 50,000 or 75,000 shares each time, with a transaction price range of US $ 174.82 to US$ 184.38 per share . In June , July and August , Huang Renxun reduced his holdings in Nvidia stocks.

In March this year , according to the 10b5-1 rule, Nvidia disclosed that Huang Renxun planned to sell up to 6 million shares, and the above-mentioned share reduction is part of this round of sale plan. The 10b5-1 trading plan allows insiders of listed companies to decide in advance to sell a specified amount of shares at a predetermined time. The purpose of this plan is to avoid the suspicion of insider trading and ensure the transparency and fairness of the transaction.

From June 20 to July 18 alone , Huang Renxun reduced his holdings of Nvidia shares by more than 1 million shares, with a cumulative cash withdrawal of approximately US $ 200 million.

According to regulatory documents submitted by Nvidia, since June 20 , Huang Renxun has reduced his holdings at a pace of 50,000 shares per day : on June 20 , 23 and 24 , the amount of cashing out of one day exceeded US$ 7 million. Since June 25 , the reduction of holdings has been significantly increased, and it has been converted to 75,000 shares per day. In just six trading days from June 25 to July 2 alone , Huang Renxun cashed out more than US$ 70 million; from July 16 to 18 , Huang Renxun reduced his holdings by 225,000 shares, and according to the transaction price estimate, he cashed out more than US$ 38 million.

In the pre-arranged share reduction plan in the previous year, Huang Renxun cashed out more than US$ 700 million.

In June 2024 , Huang Renxun sold nearly US$ 170 million in stocks in a single month, and another US$ 323 million in July , and accumulated about US$ 500 million in two months. As of August 2024 , Huang Renxun still held more than 93 million shares of Nvidia , accounting for more than 3.5% of the company’s total share capital .

According to the recently announced share reduction plan, as of July 21, 2025, Huang Renxun still held more than 74 million shares of Nvidia shares .

In fiscal 2024 , Huang Renxun’s total salary was $ 34.2 million, a 60% increase from $ 21.4 million in the previous fiscal year , including $ 99,600 in basic salary, as well as $ 26.7 million in stock rewards, $ 4 million in cash rewards, and $ 2.5 million in other expenses, including residential security, auto and driver services.

Since April this year , Nvidia’s stock price has been rising, setting a historical high of US$ 184.55 per share on September 22 ; the company’s market value has also risen and exceeded US$ 4 trillion, becoming the world’s first company to have a market value of more than 4 trillion yuan.