diff --git a/arch/x86/kvm/vmx.c b/arch/x86/kvm/vmx.c
index 7f62c94196d1bc..5bfa353f63548b 100644
--- a/arch/x86/kvm/vmx.c
+++ b/arch/x86/kvm/vmx.c
@@ -9845,7 +9845,8 @@ static void vmx_inject_page_fault_nested(struct kvm_vcpu *vcpu,
 
 	WARN_ON(!is_guest_mode(vcpu));
 
-	if (nested_vmx_is_page_fault_vmexit(vmcs12, fault->error_code)) {
+	if (nested_vmx_is_page_fault_vmexit(vmcs12, fault->error_code) &&
+		!to_vmx(vcpu)->nested.nested_run_pending) {
 		vmcs12->vm_exit_intr_error_code = fault->error_code;
 		nested_vmx_vmexit(vcpu, EXIT_REASON_EXCEPTION_NMI,
 				  PF_VECTOR | INTR_TYPE_HARD_EXCEPTION |