Robinhood CFO Verma Shiv and director Bhatt Baiju have reduced their stock holdings by more than $5.25 million in the past 3 days

According to the SEC's announcement, Robinhood (HOOD) Chief Financial Officer Verma Shiv sold 3,982 shares of the company on August 17 at an average price of 95.07 US dollars per share, with a total value of about 378,600 US dollars. After the transaction was completed, its direct holdings fell to 51963 shares. Additionally, Robinhood (HOOD) director Bhatt Baiju sold 50,317 shares of the company on August 14 at an average price of $96.8 per share, with a total value of approximately $4.8706 million. After the transaction was completed, its direct position volume fell to 3703 shares.