Robinhood CEO sells 375,000 shares of company stock, with a transaction amount of $42.6435 million.

October 9th, according to US SEC Form 4 filings, on October 5th, Robinhood CEO Vladimir Tenev sold 375,000 shares of the company's stock, with a transaction amount of $42.6435 million, at an average price of approximately $113.72. Robinhood Chief Legal Officer Daniel Martin Gallagher Jr. sold 10,000 shares, with a transaction amount of $1.1371 million, at an average price of approximately $113.71. Both transactions were pre-set Rule 10b5-1 plans.