Robinhood Tech Chief Reduces Stake Following Stock's Recent Rally
Rhea-AI Filing Summary
Robinhood Markets (HOOD) Chief Technology Officer Jeffrey Tsvi Pinner has executed a significant stock sale on June 20, 2025. The transaction details reveal:
- Disposed of 5,864 shares of Class A Common Stock
- Average sale price of $77.8243 per share (ranging from $76.02 to $79.13)
- Transaction value approximately $456,353
- Remaining direct ownership: 14,772 shares
The sale was executed through multiple trades and was conducted under a Rule 10b5-1 trading plan established on November 11, 2024. This type of plan allows insiders to sell shares at predetermined times to avoid accusations of insider trading. The transaction was reported via Form 4 filing on June 24, 2025, within the required reporting window.
Positive
- The stock price shows significant appreciation, with trades executed at prices ranging from $76.02 to $79.13, indicating strong market performance for Robinhood (HOOD)
- The transaction was executed according to a pre-planned Rule 10b5-1 trading plan established in November 2024, demonstrating proper corporate governance and compliance
Negative
- Chief Technology Officer Jeffrey Pinner sold 5,864 shares, reducing his direct ownership position to 14,772 shares, which could signal reduced insider confidence
- The size of the insider sale represents approximately 28% of the CTO's holdings (based on pre-transaction holdings of approximately 20,636 shares), which is a significant reduction in ownership
Insider Trade Summary
Net Seller: 5,864 shares ($456,362)
Net Sell
1 txn
Insider
Pinner Jeffrey Tsvi
Role
Chief Technology Officer
Sold
5,864 shs ($456K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,864 | $77.8243 | $456K |
Holdings After Transaction:
Class A Common Stock — 14,772 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2024. This transaction was executed in multiple trades during the day at prices ranging from $76.02 to $79.13. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What was the price range of HOOD stock sales by Jeffrey Pinner?
The transactions were executed at prices ranging from $76.02 to $79.13 per share, with a weighted average price of $77.8243 per share.
Was HOOD CTO Jeffrey Pinner's stock sale planned in advance?
Yes, the sale was executed pursuant to a Rule 10b5-1 trading plan that was adopted by Pinner on November 11, 2024, approximately 7 months before the transaction.
What is Jeffrey Pinner's role at HOOD and where is he based?
Jeffrey Tsvi Pinner serves as the Chief Technology Officer (CTO) of Robinhood Markets, Inc. and is based in Menlo Park, California, with an address at 85 Willow Road, 94025.