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Robinhood | 4: Statement of changes in beneficial ownership of securities-Officer Tenev Vladimir

SEC announcement ·  Jun 4 06:41
Summary by Futu AI
Robinhood Markets, Inc. CEO Vladimir Tenev completed a sale of 406,885 shares of the company's Class A Common Stock on May 30, 2024. The transaction was executed at a price of $21.2776 per share, resulting in a total sale value of approximately $8.657 million. Following the sale, Tenev's direct holdings in the company dropped to zero shares. However, he still maintains an indirect ownership of 6,907 shares through a living trust. The sale represents a significant change in Tenev's investment in the company, as he fully divested his direct stake.
Robinhood Markets, Inc. CEO Vladimir Tenev completed a sale of 406,885 shares of the company's Class A Common Stock on May 30, 2024. The transaction was executed at a price of $21.2776 per share, resulting in a total sale value of approximately $8.657 million. Following the sale, Tenev's direct holdings in the company dropped to zero shares. However, he still maintains an indirect ownership of 6,907 shares through a living trust. The sale represents a significant change in Tenev's investment in the company, as he fully divested his direct stake.
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