Robinhood insiders sell HOOD shares after stock rally
Robinhood CEO Vlad Tenev sold 375,000 shares of Robinhood Markets stock on July 6, according to a recent SEC filing. The filing shows that his Class B shares automatically converted into Class A common stock when the sale took place. The transaction was made under a Rule 10b5-1 trading plan adopted on Sept. 5, 2025. SummaryTenev sold 375,000 shares through a preset plan as HOOD traded near recent highs Monday.Gallagher also sold 10,000 shares, while Robinhood Markets trimmed its RVI fund stake this week.Crypto.news coverage ties Robinhoods rally to tokenized stocks, blockchain launches, and prediction market growth plans • CEO Vlad Tenev sold 375,000 shares worth ~$43.6 million • CLO Daniel Gallagher sold 9500 shares → ~$1.1 Million •Robinhood Ventures Fund I sold 21,300 RVI shares The sales come as $HOOD stock… The sale was reported across several price ranges, with weighted average prices from $112.2242 to $118.1385.Investing.com placed the total value near $43.6 million. Tenev still held more than 48.2 million Class B shares after the transaction, based on the same filing. You might also like: SWIFT launches blockchain ledger pilot with 17 global banks Gallagher also reports HOOD sale Robinhood Chief Legal Officer Daniel Gallagher also sold HOOD shares on July 6. A Form 4 summary showed 10,000