Robinhood Director Sells Shares in Pre-Arranged Trading Plan

Baiju Bhatt, a director at Robinhood Markets, Inc. (NASDAQ: HOOD), has sold 16,667 shares of the company’s stock, totaling approximately $285,994. The sale was part of a pre-arranged 10b5-1 trading plan adopted by Bhatt’s Living Trust in September 2023. Following the transaction, Bhatt’s Living Trust now directly holds 36,045 shares of Class A Common Stock and indirectly owns 58,416,704 shares of Class B Common Stock. The sale is part of a planned trading strategy and does not necessarily reflect a change in company outlook.

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