Summary by Futu AI
Robinhood Markets, Inc. CEO Vladimir Tenev completed a sale of 250,000 shares of the company's Class A Common Stock on May 6, 2024. The transaction was executed at a price of $17.9274 per share, resulting in a total market value of $4,481,850. Following the sale, Tenev's direct holdings in Robinhood dropped to zero shares. Additionally, Tenev holds 6,907 shares indirectly through a living trust. This sale reflects a significant change in Tenev's investment in the company, as he no longer maintains a direct equity stake.