Robinhood CEO Vlad Tenev Sells 375,000 HOOD Stock
The post Robinhood CEO Vlad Tenev Sells 375,000 HOOD Stock appeared on BitcoinEthereumNews.com. Robinhood CEO Vlad Tenev sold 375,000 HOOD shares worth $43.6M under a Rule 10b5-1 plan. The sale was scheduled months in advance, making it a routine insider sale. Tenev still owns about 48.3M Class B shares worth over $5B, keeping a major stake in Robinhood. Robinhood Markets CEO Vlad Tenev has sold 375,000 shares of Robinhood worth about $43.56 million, according to a newly disclosed SEC Form 4 filing. The transactions were executed on July 6 at a weighted average price of $116.17 per share. They were made under a pre-arranged Rule 10b5-1 trading plan adopted on Sept. 5, 2025. Despite the sale, Tenev remains one of Robinhood’s largest shareholders. He still owns about 48.3 million Class B shares, valued at more than $5 billion at current market prices. Sale Made Under Rule 10b5-1 Plan The filing shows Tenev first converted 375,000 Class B shares into Class A shares before selling them