In June, NVIDIA CEO Jensen Huang sold nearly $170 million worth of NVIDIA shares.According to data disclosed in regulatory filings, Huang sold a total of 1.3 million NVIDIA shares in June, with media estimates putting the value of these shares at close to $169 million, setting a new personal record for monthly stock sales.Huang's stock sale plan was announced as early as March this year, when NVIDIA mentioned in its quarterly financial report that Huang would sell up to 600,000 shares by the end of March 2025 through a 10b5-1 stock sale plan. Market analysts pointed out that the shares sold by Huang this time are part of his executive compensation package, including restricted stock units (RSUs) and performance stock units (PSUs), which is a common practice for CEOs under certain conditions.Although the number of shares sold in June only accounts for a small percentage of Huang's personal holdings, the continued surge in NVIDIA's stock price as a benchmark for AI concepts in June allowed him to profit more from the sales. Calculated at the closing price, NVIDIA rose nearly 13% in June and has risen by about 150% year-to-date.On June 5th, NVIDIA's market value surpassed $3 trillion for the first time, holding above this milestone for several days thereafter, reaching $3.34 trillion at the close on June 18th, surpassing Microsoft and becoming the world's most valuable listed company, although it was overtaken by Microsoft the next day.This Wednesday, NVIDIA's stock price rebounded, closing up nearly 4.6% with a market value of about $3.16 trillion, ranking third behind Microsoft and Apple.Last week, as reported by Wall Street CN, from June 13th to 21st alone, Jensen Huang sold a total of 720,000 NVIDIA shares, cashing out $94.6 million. After these transactions, Huang held 80.7 million NVIDIA shares in his personal account. In addition, he controls 605 million shares through trusts, holds 49 million shares through partnerships, and holds 132 million shares through other trust arrangements.Based on Jensen Huang's early disclosure of the 10b5-1 plan to sell NVIDIA shares, after the week of selling up to June 21st, Huang will continue to sell 5.28 million NVIDIA shares, with this plan set to continue until March 2025Huang Renxun's personal wealth has more than doubled this year by holding NVIDIA stock, with his personal assets increasing by a staggering $63.7 billion in the past six months. Currently, he ranks 13th on the Bloomberg Billionaires Index with a net worth of $107.7 billion.Huang Renxun is not the only &#34;insider&#34; at NVIDIA planning to reduce holdings. Last month, it was estimated by the media that NVIDIA executives and directors sold a total of over $700 million worth of NVIDIA stock in the first half of this year

NVDL

NVDA

SOXL

In just one week ending on the 21st of June, Huang Renxun reduced his holdings of NVIDIA stocks worth $95 million. According to his selling plan, after the sales that week, he will still sell 5.28 million shares before March next year

- NVIDIA CEO Jensen Huang cashed out nearly $170 million by selling 1.3 million NVIDIA shares in June, setting a personal record for monthly stock sales.
- Huang's stock sale was part of his executive compensation plan, including restricted stock units (RSUs) and performance stock units (PSUs), following a disclosed plan from March to sell up to 600,000 shares by March 2025.
- Despite selling a small portion of his holdings in June, Huang benefited from NVIDIA's soaring stock price, which rose nearly 13% in June and around 150% year-to-date, briefly making NVIDIA the world's most valuable publicly traded company surpassing Microsoft.

In June, selling NVIDIA for nearly $170 million! Huang Renxun sets a record for the highest monthly cash-out