Two Robinhood officers sold 14,473 shares in transactions dated Nov. 2 and 3, leaving Chief Accounting Officer Dara Bazzano with no direct shares, SEC filings show.
Daniel Gallagher, the company’s chief legal officer, sold 10,000 shares Nov. 3 at an average price of $85.05. He held 489,943 shares directly after the transaction, which was valued at about $850,500.
Bazzano sold 4,473 shares a day earlier at an average of $85.32 each, a transaction worth about $381,600. The filing showed no directly held shares after her sale. Together, the two transactions were valued at about $1.23 million.
The filings also record an earlier Gallagher sale of 10,000 shares on Oct. 5, after which he held 499,943 shares directly. The latest reported figure is 10,000 shares below that level. Sales by Gallagher and Robinhood CEO Vladimir Tenev on Oct. 5 were valued at $43.78 million combined, SEC filings show.
