Huang Renxun strikes again: Nvidia's stock price hits a new high, cashing out more than 10 million US dollars in a single day
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最新报道：According to the documents submitted to the U.S. Securities and Exchange Commission, on Friday (July 18), when Nvidia's stock price hit a new record high, Nvidia CEO Huang Renxun also took decisive action and sold 75,000 shares again, worth about $12.94 million. As early as March of this year, Huang Renxun disclosed a plan to reduce his holdings of 6 million shares of Nvidia stock in accordance with the 10b5-1 rule, and Friday's reduction was part of this plan. The 10b5-1 trading plan allows insiders of a listed company to decide in advance to sell a specified number of shares at a predetermined time. The purpose of this plan is to avoid suspicion of insider trading and ensure the transparency and fairness of transactions. Huang Renxun has started his current round of reduction since last month, and according to another document from the U.S. Securities and Exchange Commission, Huang Renxun sold 225,000 shares of Nvidia earlier this week, totaling about $37 million.
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