根据最新的监管文件，After nearly three months of shareholding, Nvidia CEO Huang Renxun has completed his pre-arranged stock shareholding plan and cashed out more than $0.7 billion (approximately RMB 4.922 billion); after completing the shareholding, Huang Renxun now directly holds 75.4 million shares of Nvidia stock, and additionally holds 0.786 billion shares of Nvidia stock through different trusts and partnerships.
According to regulatory documents, after nearly three months of shareholding, Nvidia CEO Huang Renxun finally completed his pre-arranged stock shareholding plan and cashed out more than $0.7 billion (approximately RMB 4.922 billion).
According to an executive stock shareholding plan passed in mid-March of this year, Huang Renxun plans to sell up to 6 million shares of Nvidia stock by the end of the first quarter of 2025. These types of transactions are classified as 10b5-1, which allows company insiders to trade company stock in a pre-determined manner.
According to the latest regulatory documents, between June 13th and September 12th, Huang Renxun conducted shareholding operations on 50 trading days, each time reducing 0.12 million shares.
After the final shareholding on September 12th, Huang Renxun reached the upper limit of the 6 million shares of shareholding several months ahead of schedule.
Huang Renxun's shareholding records since September
Nvidia's stock price seems to have been boosted by this news. At the close of trading on Tuesday Eastern Time, Nvidia's stock price rose by 3.97%.
Nvidia's stock price trend since the beginning of the year.
As the biggest darling of the global AI frenzy, Nvidia's stock price has risen by over 150% since the beginning of the year. Earlier this year, Nvidia's market cap once exceeded 3 trillion US dollars, its dominant market position is undeniable, and its stock price fluctuations can even affect a wider market and investor sentiment.
However, since June, Nvidia's stock price trend has been volatile and experienced significant fluctuations over the past three months. In addition to market doubts about Nvidia's chip demand outlook, continued shareholding reductions by Huang Renxun are also one of the important factors affecting market confidence.
According to another document, after completing the shareholding, Huang Renxun now directly holds 75.4 million shares of Nvidia's stock, and holds 0.786 billion shares of Nvidia's stock through various trusts and partnerships. In the company's latest proxy statement, Huang Renxun is listed as the company's largest individual shareholder.
