Summary by Moomoo AI
Robinhood Markets, Inc. officer Baiju Prafulkumar Bhatt, through his trust, is set to sell 116,669 common shares of the company, with an aggregate market value of approximately $2.46 million, on 05/30/2024. These shares, originally acquired as founders shares from the issuer on 10/04/2018, are part of a planned sale. Over the past three months, Bhatt has sold a total of 531,185 shares, generating gross proceeds of nearly $8.99 million. The upcoming transaction continues a series of sales that have taken place since the adoption of the sale plan on 09/13/2023.