The CEO's sale follows a derivative conversion and is large in absolute dollars but negligible relative to market cap. No 10b5-1 plan is indicated, but the size is routine for a mega-cap. Monitor for any subsequent 8-K or earnings guidance that might have motivated the sale.
Price Chart
Executive Summary
CEO Vladimir Tenev sold ~$30M in open-market stock on September 22, 2026, following a derivative conversion on September 21. CFO Shiv Verma also sold $202K worth of shares on September 15. The CEO's sale is large in absolute terms but represents only ~0.03% of Robinhood's ~$100B market cap, making it routine in proportionality terms. The cluster is entirely selling with no buys, but the dollar amounts are not material relative to the company's size.
Key Financial Metrics
Key Facts
- CEO Tenev sold 239,500 shares at $125.33 for $30.02M on September 22, 2026
- CEO Tenev converted 259,166 derivative shares at $0 on September 21 (non-cash event)
- CFO Verma sold 1,900 shares at $109.23 for $202K on September 15, 2026
- Total cluster value: $30.22M, all open-market sales
- Total sales represent ~0.03% of Robinhood's market cap (estimated ~$100B based on ~$125 stock price and ~800M shares outstanding)
Financial Impact
CEO sold $30.02M in stock; CFO sold $202K. Combined ~0.03% of market cap.
Risk Factors
- CEO selling $30M could be interpreted negatively by retail investors despite being small relative to market cap
- No insider buying to offset the selling signal
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HOOD-1790286182872 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | $92.15 | awaiting T+1 | — | $94.56 (−2.62%) |
Oct 27, 2026 today | Press Release | $92.99 | awaiting T+1 | — | $94.56 (−1.69%) |
Oct 23, 2026 4d ago | Court Ruling | $92.84 $94.56 | ▲ +1.85% | ▲ +1.29% | $94.56 (+1.85%) |
Oct 12, 2026 15d ago | Institutional Cluster | $109.22 $110.52 | ▲ +1.19% | ▲ +1.20% | $94.56 (−13.42%) |
Oct 1, 2026 26d ago | Press Release | $112.74 $114.11 | ▲ +1.22% | ▲ +0.54% | $94.56 (−16.13%) |
Sep 24, 2026 4w ago | Insider Cluster | $119.40 $116.46 | ▼ −2.46% | ▼ −1.72% | $94.56 (−20.80%) |
Sep 23, 2026 4w ago | Insider Cluster | $122.70 $120.82 | ▲ +1.53% | ▲ +1.45% | $94.56 (+22.93%) |
Sep 17, 2026 5w ago | Insider Cluster | $119.82 $123.30 | ▲ +2.90% | ▲ +1.35% | $94.56 (−21.08%) |
Sep 14, 2026 6w ago | Insider Cluster | $110.45 $104.42 | ▼ −5.46% | ▼ −5.02% | $94.56 (−14.39%) |
Sep 10, 2026 6w ago | Insider Cluster | $112.57 $114.33 | ▲ +1.56% | ▲ +2.01% | $94.56 (−16.00%) |
US Market Status
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