Summary by Moomoo AI
Robinhood Markets, Inc. has announced that the TENEV 2017 IRR TRUST AGREEMENT, associated with a director and officer of the company, is set to sell 250,000 common shares. The transaction is expected to occur on 05/30/2024, with an aggregate market value of approximately $5,271,250. These shares were originally acquired on 04/30/2019 as founders shares from the issuer. Over the past three months, a total of 1,185,982 securities have been sold by the trust, generating gross proceeds of $21,714,634.39. The notice for the upcoming sale was dated the same as the planned sale date, 05/30/2024, with the plan for this transaction having been adopted on 11/14/2023.