diff --git a/arch/x86/kvm/mmu/mmu.c b/arch/x86/kvm/mmu/mmu.c
index f11e4bbfc0bc..e384b78e099c 100644
--- a/arch/x86/kvm/mmu/mmu.c
+++ b/arch/x86/kvm/mmu/mmu.c
@@ -803,11 +803,8 @@ static void account_shadowed(struct kvm *kvm, struct kvm_mmu_page *sp)
 		kvm_flush_remote_tlbs_with_address(kvm, gfn, 1);
 }
 
-void account_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp,
-			  bool nx_huge_page_possible)
+void track_possible_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp)
 {
-	sp->nx_huge_page_disallowed = true;
-
 	/*
 	 * If it's possible to replace the shadow page with an NX huge page,
 	 * i.e. if the shadow page is the only thing currently preventing KVM
@@ -816,8 +813,7 @@ void account_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp,
 	 * on the list if KVM is reusing an existing shadow page, i.e. if KVM
 	 * links a shadow page at multiple points.
 	 */
-	if (!nx_huge_page_possible ||
-	    !list_empty(&sp->possible_nx_huge_page_link))
+	if (!list_empty(&sp->possible_nx_huge_page_link))
 		return;
 
 	++kvm->stat.nx_lpage_splits;
@@ -825,6 +821,15 @@ void account_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp,
 		      &kvm->arch.possible_nx_huge_pages);
 }
 
+static void account_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp,
+				 bool nx_huge_page_possible)
+{
+	sp->nx_huge_page_disallowed = true;
+
+	if (nx_huge_page_possible)
+		track_possible_nx_huge_page(kvm, sp);
+}
+
 static void unaccount_shadowed(struct kvm *kvm, struct kvm_mmu_page *sp)
 {
 	struct kvm_memslots *slots;
@@ -842,10 +847,8 @@ static void unaccount_shadowed(struct kvm *kvm, struct kvm_mmu_page *sp)
 	kvm_mmu_gfn_allow_lpage(slot, gfn);
 }
 
-void unaccount_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp)
+void untrack_possible_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp)
 {
-	sp->nx_huge_page_disallowed = false;
-
 	if (list_empty(&sp->possible_nx_huge_page_link))
 		return;
 
@@ -853,6 +856,13 @@ void unaccount_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp)
 	list_del_init(&sp->possible_nx_huge_page_link);
 }
 
+static void unaccount_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp)
+{
+	sp->nx_huge_page_disallowed = false;
+
+	untrack_possible_nx_huge_page(kvm, sp);
+}
+
 static struct kvm_memory_slot *
 gfn_to_memslot_dirty_bitmap(struct kvm_vcpu *vcpu, gfn_t gfn,
 			    bool no_dirty_log)
diff --git a/arch/x86/kvm/mmu/mmu_internal.h b/arch/x86/kvm/mmu/mmu_internal.h
index 67879459a25c..22152241bd29 100644
--- a/arch/x86/kvm/mmu/mmu_internal.h
+++ b/arch/x86/kvm/mmu/mmu_internal.h
@@ -328,8 +328,7 @@ void disallowed_hugepage_adjust(struct kvm_page_fault *fault, u64 spte, int cur_
 
 void *mmu_memory_cache_alloc(struct kvm_mmu_memory_cache *mc);
 
-void account_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp,
-			  bool nx_huge_page_possible);
-void unaccount_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp);
+void track_possible_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp);
+void untrack_possible_nx_huge_page(struct kvm *kvm, struct kvm_mmu_page *sp);
 
 #endif /* __KVM_X86_MMU_INTERNAL_H */
diff --git a/arch/x86/kvm/mmu/tdp_mmu.c b/arch/x86/kvm/mmu/tdp_mmu.c
index 73eb28ed1f03..059231c82345 100644
--- a/arch/x86/kvm/mmu/tdp_mmu.c
+++ b/arch/x86/kvm/mmu/tdp_mmu.c
@@ -403,8 +403,11 @@ static void tdp_mmu_unlink_sp(struct kvm *kvm, struct kvm_mmu_page *sp,
 		lockdep_assert_held_write(&kvm->mmu_lock);
 
 	list_del(&sp->link);
-	if (sp->nx_huge_page_disallowed)
-		unaccount_nx_huge_page(kvm, sp);
+
+	if (sp->nx_huge_page_disallowed) {
+		sp->nx_huge_page_disallowed = false;
+		untrack_possible_nx_huge_page(kvm, sp);
+	}
 
 	if (shared)
 		spin_unlock(&kvm->arch.tdp_mmu_pages_lock);
@@ -1118,16 +1121,13 @@ static int tdp_mmu_map_handle_target_level(struct kvm_vcpu *vcpu,
  * @kvm: kvm instance
  * @iter: a tdp_iter instance currently on the SPTE that should be set
  * @sp: The new TDP page table to install.
- * @account_nx: True if this page table is being installed to split a
- *              non-executable huge page.
  * @shared: This operation is running under the MMU lock in read mode.
  *
  * Returns: 0 if the new page table was installed. Non-0 if the page table
  *          could not be installed (e.g. the atomic compare-exchange failed).
  */
 static int tdp_mmu_link_sp(struct kvm *kvm, struct tdp_iter *iter,
-			   struct kvm_mmu_page *sp, bool account_nx,
-			   bool shared)
+			   struct kvm_mmu_page *sp, bool shared)
 {
 	u64 spte = make_nonleaf_spte(sp->spt, !kvm_ad_enabled());
 	int ret = 0;
@@ -1142,8 +1142,6 @@ static int tdp_mmu_link_sp(struct kvm *kvm, struct tdp_iter *iter,
 
 	spin_lock(&kvm->arch.tdp_mmu_pages_lock);
 	list_add(&sp->link, &kvm->arch.tdp_mmu_pages);
-	if (account_nx)
-		account_nx_huge_page(kvm, sp, true);
 	spin_unlock(&kvm->arch.tdp_mmu_pages_lock);
 	tdp_account_mmu_page(kvm, sp);
 
@@ -1157,6 +1155,7 @@ static int tdp_mmu_link_sp(struct kvm *kvm, struct tdp_iter *iter,
 int kvm_tdp_mmu_map(struct kvm_vcpu *vcpu, struct kvm_page_fault *fault)
 {
 	struct kvm_mmu *mmu = vcpu->arch.mmu;
+	struct kvm *kvm = vcpu->kvm;
 	struct tdp_iter iter;
 	struct kvm_mmu_page *sp;
 	int ret;
@@ -1193,9 +1192,6 @@ int kvm_tdp_mmu_map(struct kvm_vcpu *vcpu, struct kvm_page_fault *fault)
 		}
 
 		if (!is_shadow_present_pte(iter.old_spte)) {
-			bool account_nx = fault->huge_page_disallowed &&
-					  fault->req_level >= iter.level;
-
 			/*
 			 * If SPTE has been frozen by another thread, just
 			 * give up and retry, avoiding unnecessary page table
@@ -1207,10 +1203,19 @@ int kvm_tdp_mmu_map(struct kvm_vcpu *vcpu, struct kvm_page_fault *fault)
 			sp = tdp_mmu_alloc_sp(vcpu);
 			tdp_mmu_init_child_sp(sp, &iter);
 
-			if (tdp_mmu_link_sp(vcpu->kvm, &iter, sp, account_nx, true)) {
+			sp->nx_huge_page_disallowed = fault->huge_page_disallowed;
+
+			if (tdp_mmu_link_sp(kvm, &iter, sp, true)) {
 				tdp_mmu_free_sp(sp);
 				break;
 			}
+
+			if (fault->huge_page_disallowed &&
+			    fault->req_level >= iter.level) {
+				spin_lock(&kvm->arch.tdp_mmu_pages_lock);
+				track_possible_nx_huge_page(kvm, sp);
+				spin_unlock(&kvm->arch.tdp_mmu_pages_lock);
+			}
 		}
 	}
 
@@ -1498,7 +1503,7 @@ static int tdp_mmu_split_huge_page(struct kvm *kvm, struct tdp_iter *iter,
 	 * correctness standpoint since the translation will be the same either
 	 * way.
 	 */
-	ret = tdp_mmu_link_sp(kvm, iter, sp, false, shared);
+	ret = tdp_mmu_link_sp(kvm, iter, sp, shared);
 	if (ret)
 		goto out;