Jen-Hsun Huang strikes again: As Nvidia's stock price hits a new high, he cashes out over ten million dollars in a single day.

According to documents submitted to the SEC, on Friday (July 18), as Nvidia's stock price once again hit a new all-time high, Nvidia CEO Jen-Hsun Huang decisively sold 75,000 shares of stock, worth approximately $12.94 million. Back in March of this year, Huang disclosed a plan to sell 6 million shares of Nvidia stock under the 10b5-1 rule, and Friday's sale was part of this plan. The 10b5-1 trading plan allows insiders of publicly traded companies to pre-determine the sale of a specific number of shares at scheduled times. The purpose of this plan is to avoid the suspicion of insider trading and to ensure transparency and fairness in trading. Since last month, Huang has already initiated his current round of stock sales, and according to another document from the SEC, earlier this week, Huang had sold 225,000 shares of Nvidia stock for a total of about $37 million.