Summary by Moomoo AI
Vladimir Tenev, Director and Officer of Robinhood Markets, Inc., is set to sell 500,000 common shares of the company on 08/05/2024, with an aggregate market value of approximately $8.94 million. These shares, originally acquired as founders shares from the issuer on 12/04/2013, represent a portion of Tenev's holdings in the company. This planned transaction follows a series of sales over the past three months, where Tenev sold a total of 1.75 million shares, amounting to gross proceeds of over $36.4 million. The notice of the upcoming sale was filed on the same date as the planned sale, with the plan for this transaction having been adopted on 09/11/2023.
