Robinhood insider selling – Vlad sold 1,250,000 ($45+ million) worth of $HOOD

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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.

From the NASDAQ website

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)

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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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