Robinhood CEO Sells $42M in Stock. No, He Didn't Cash Out of HOOD
Robinhood CEO Vladimir Tenev sold $42.6 million in shares under a prearranged plan but retains millions of Class B shares.
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Why It Matters
The CEO sold some stock worth $42 million following a plan he made ahead of time. He still owns a lot of company shares, so he remains invested in Robinhood's future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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