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Robinhood(HOOD.US) Officer Sells US$5.62 Million in Common Stock

Moomoo News ·  Jul 9 20:04

$Robinhood (HOOD.US)$ Officer Tenev Vladimir sold 250K shares of common stock on Jul 5, 2024 at an average price of $22.4992 for a total value of $5.62 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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