【Jensen Huang Takes Action Again: As NVIDIA Stock Hits New High, Cashing Out Over $10 Million in a Single Day】Golden Financial reports that according to documents submitted to the U.S. Securities and Exchange Commission, on Friday (July 18), as NVIDIA's stock price once again set a new historical high, NVIDIA CEO Jensen Huang decisively took action and reduced his holdings by 75,000 shares, valued at approximately $12.94 million. Back in March this year, Huang disclosed a plan to reduce his holdings by 6 million shares of NVIDIA stock under the 10b5-1 rule, and Friday's reduction was part of that plan. The 10b5-1 trading plan allows insiders of publicly traded companies to decide in advance to sell a specified number of shares at a scheduled time. The purpose of this plan is to avoid suspicions of insider trading and to ensure transparency and fairness in transactions. Since last month, Huang has already begun this round of reductions, and according to another document from the SEC, earlier this week, Huang had sold 225,000 shares of NVIDIA stock, totaling approximately $37 million.

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