May 2, 2024 · Form 4 insider transaction
Tenev Vladimir sold 25,049 shares of Robinhood Markets, Inc. at $17.04 per share, a transaction worth $426.9K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2022, which provides for an automatic sale of a sufficient number of shares to cover the tax withholding liability associated with the vesting and settlement of the 57,633 PSUs reported above.; This transaction was executed in multiple trades during the day at prices ranging from $16.7700 to $17.3316. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.