Robinhood CEO sells 375,000 shares in 10b5-1 plan
Robinhood Markets, Inc. CEO Vladimir Tenev reported a pre-planned sale of 375,000 shares of Class A Common Stock on July 6, 2026.
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Form Type
4
Rhea-AI Filing Summary
Robinhood Markets, Inc. CEO Vladimir Tenev reported a pre-planned sale of 375,000 shares of Class A Common Stock on July 6, 2026. The shares resulted from the conversion of an equal number of Class B shares and were sold in open-market transactions under a Rule 10b5-1 trading plan at weighted-average prices between $111.69 and $118.63 per share.
Following these transactions, Tenev continues to hold 48,294,572 shares of Class B Common Stock directly and 6,907 shares of Class A Common Stock indirectly through a living trust.
Insider Trade Summary 10b5-1
Exercise and Sale: 375,000 shares ($43.56M approx. pre-tax spread)
Exercise and Sale
10 txns
Insider
Tenev Vladimir
Role
Chief Executive Officer
Sold
375,000 shs ($43.56M)
Approx. gross sale proceeds
$43.56M
Approx. exercise cost
$0.00
Approx. pre-tax spread
$43.56M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 375,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 375,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 18,200 | $112.2242 | $2.04M |
| Sale | Class A Common Stock | 13,000 | $113.175 | $1.47M |
| Sale | Class A Common Stock | 50,980 | $114.3314 | $5.83M |
| Sale | Class A Common Stock | 49,177 | $115.0297 | $5.66M |
| Sale | Class A Common Stock | 68,046 | $116.3753 | $7.92M |
| Sale | Class A Common Stock | 115,773 | $117.2706 | $13.58M |
| Sale | Class A Common Stock | 59,824 | $118.1385 | $7.07M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 48,294,572 contracts (Direct);
Class A Common Stock — 0 shares (Direct);
Class A Common Stock — 6,907 shares (Indirect, By Living Trust)
Footnotes (9)
- F1. As part of the transaction effected on July 6, 2026 pursuant to the Rule 10b5-1 trading plan adopted by the Reporting Person on September 5, 2025 ("Tenev 10b5-1 plan"), the Reporting Person sold 375,000 shares of his Class B Common Stock, resulting in an automatic conversion of the shares into Class A Common Stock upon execution of the sale.
- F2. This transaction was effected pursuant to the Tenev 10b5-1 plan.
- F3. This transaction was executed in multiple trades during the day at prices ranging from $111.69 to $112.68. 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.
- F4. This transaction was executed in multiple trades during the day at prices ranging from $112.71 to $113.69. 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.
- F5. This transaction was executed in multiple trades during the day at prices ranging from $113.72 to $114.71. 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.
- F6. This transaction was executed in multiple trades during the day at prices ranging from $114.72 to $115.67. 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.
- F7. This transaction was executed in multiple trades during the day at prices ranging from $115.78 to $116.77. 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.
- F8. This transaction was executed in multiple trades during the day at prices ranging from $116.78 to $117.77. 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.
- F9. This transaction was executed in multiple trades during the day at prices ranging from $117.78 to $118.63. 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.
Key Figures
Shares sold: 375,000 shares
Price range: $111.69–$118.63 per share
Shares converted: 375,000 shares
+4 more
7 metrics
Shares sold
375,000 shares
Class A Common Stock sold on July 6, 2026
Price range
$111.69–$118.63 per share
Weighted-average prices across multiple trades
Shares converted
375,000 shares
Class B Common Stock converted into Class A
Class B holdings after
48,294,572 shares
Direct Class B Common Stock held after transaction
Indirect Class A holdings
6,907 shares
Class A Common Stock held by living trust
Sell transactions count
7 transactions
Open-market sales of Class A Common Stock
Derivative conversions count
1 transaction
Conversion of Class B into Class A Common Stock
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, Class B Common Stock, weighted-average price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"transaction effected on July 6, 2026 pursuant to the Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class A Common Stock financial
"375,000 shares of his Class B Common Stock, resulting in an automatic conversion of the shares into Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"the Reporting Person sold 375,000 shares of his Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted-average price financial
"The weighted-average price is reported above."
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
derivative conversion financial
"transaction_action": "derivative conversion""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Robinhood (HOOD) disclose for CEO Vladimir Tenev?
Robinhood disclosed that CEO Vladimir Tenev converted and sold 375,000 shares of Class B stock into Class A Common Stock. These shares were then sold in open-market transactions on July 6, 2026 under a pre-arranged Rule 10b5-1 trading plan.
Are there any remaining derivative securities reported for Robinhood (HOOD) CEO Vladimir Tenev?
The filing’s derivative summary shows no remaining derivative securities after this transaction. It reports one derivative conversion of 375,000 Class B shares into Class A, with derivativeTransactionCount of 1 and derivativeSummary listed as an empty set.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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