via WSB:
The title pretty much says it. Robinhood CEO, Vladimir Tenev, sold 1250000 shares of Robinhood ($HOOD) at $36.40, which amounts to $45,500,000 USD.
Here’s a link to the official SEC Filing Form
Amongst the group of insiders who sold shares, the Chief Marketing Officer stands out. Christina Smedley sold 100% of her shares! (99,884 shares at $35.28, over $3.5 million USD)
Also, Jason Warnick, the Chief Financial Officer sold 25% of his shares (125,000 at $36.40, over $4.5 million US)
Here’s a table, for smooth brains like me who process information better this way 😅🤣
| Insider | Shares Sold | Price | Amount in USD |
|---|---|---|---|
| V. Tenev – CEO | 1,250,000 | $36.40 | $45,500,000 |
| J. Warnick – CFO | 125,000 | $36.40 | $4,550,000 |
| C. Smedley – CMO | 99,884 | $35.28 | $3,523,907.52 |
What do you think? Is this a sign they don’t believe in the company?
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