A disclosure published by the U.S. Securities and Exchange Commission shows that Robinhood Markets Inc. executives sold company stock on Oct. 5. Robinhood CEO Vladimir Tenev sold 375,000 shares at an average price of $113.72 per share, for a total transaction value of about $42.6435 million. After the sale, his directly held position fell to 6,907 shares. On the same day, chief legal officer Daniel Martin Jr sold 10,000 shares at an average price of $113.71 per share, with a total value of about $1.1371 million. Following that transaction, his directly held holdings declined to 499,943 shares. The figures were disclosed in materials released by the SEC and cited by ChainCatcher.
According to materials published by the U.S. Securities and Exchange Commission, Robinhood (HOOD) CEO Vladimir Tenev sold 375,000 shares of company stock on Oct. 5 at an average price of $113.72 per share, for a total value of about $42.6435 million.
After the transaction, Tenev's directly held share count fell to 6,907.
On the same day, chief legal officer Daniel Martin Jr sold 10,000 shares at an average price of $113.71 per share, for a total transaction value of about $1.1371 million.
After that sale, his directly held holdings declined to 499,943 shares.
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