Robinhood: Tenev trust proposes $33.1M share sale
The notice identifies Morgan Stanley Smith Barney LLC as broker and traces the shares to founders shares acquired on April 30, 2019.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Robinhood Markets, Inc. (HOOD) is the issuer in a notice reporting a proposed sale by The Tenev 2017 Irrevocable Trust of 327,500 common shares, with an aggregate market value of $33,103,700.00 and an approximate sale date of October 15, 2026. Morgan Stanley Smith Barney LLC is listed as broker, and the shares are identified as founders shares acquired on April 30, 2019. The notice also lists three 10b5-1 sales for Vladimir Tenev during the prior three months.
Key Figures
Key Terms
Rule 144 regulatory
10b5-1 Sales financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What proposed HOOD sale does The Tenev 2017 Irrevocable Trust report?
Which recent HOOD sales are listed for Vladimir Tenev?
AI-generated analysis. How Rhea-AI works. Not financial advice.