{"id":440,"date":"2026-07-30T12:08:34","date_gmt":"2026-07-30T04:08:34","guid":{"rendered":"https:\/\/www.btcethdata.com\/?btc_ct_news=robinhood-co-founder-sold-49223-shares-worth-approximately-4-68-million"},"modified":"2026-07-30T12:08:34","modified_gmt":"2026-07-30T04:08:34","slug":"robinhood-co-founder-sold-49223-shares-worth-approximately-4-68-million","status":"publish","type":"btc_ct_news","link":"https:\/\/www.btcethdata.com\/?btc_ct_news=robinhood-co-founder-sold-49223-shares-worth-approximately-4-68-million","title":{"rendered":"Robinhood co-founder sold 49,223 shares worth approximately $4.68 million"},"content":{"rendered":"<p>According to SEC Form 4 filings, Robinhood Markets (HOOD) co-founder and director Baiju Bhatt on July 24, 2026, pursuant to a 10b5-1 plan established by his Living Trust on November 13, 2025, automatically converted 49,223 shares of Class B common stock into Class A common stock and sold them all, with a transaction price range of $93.17 to $99.92, cashing out approximately $4.6 million. After the transaction, Bhatt&#039;s indirect holdings of Class A common stock through the Living Trust decreased to 3,703 shares, while he still holds approximately 46.9 million shares of Class B common stock.<\/p>\n<p class=\"btc-ct-attr\"><em>Source: <a href=\"https:\/\/www.techflowpost.com\/en-US\/newsletter?articleType=1006\" rel=\"noopener noreferrer\" target=\"_blank\">TechFlow Crypto News<\/a> \u00b7 <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1783879\/000187091426000021\/xslF345X03\/wk-form4_1785271065.xml\" rel=\"noopener noreferrer\" target=\"_blank\">Original<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to SEC Form 4 filings, Robinhood Markets (HOOD) co-founder and director Baiju Bhatt on July 24, 2026, pursuant to a 10b5-1 plan established by his Living Trust on November 13, 2025, automatically converted 49,223 shares of Class B common stock into Class A common stock and sold them all, with a transaction price range of $93.17 to $99.92, cashing out approximately $4.6 million. After the transaction, Bhatt&#8217;s indirect holdings of Class A common stock through the Living Trust decreased to 3,703 shares, while he still holds approximately 46.9 million shares of Class B common stock.<\/p>\n","protected":false},"featured_media":0,"template":"","btc_ct_section":[8],"class_list":["post-440","btc_ct_news","type-btc_ct_news","status-publish","hentry","btc_ct_section-tf_crypto"],"_links":{"self":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news\/440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news"}],"about":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/types\/btc_ct_news"}],"wp:attachment":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=440"}],"wp:term":[{"taxonomy":"btc_ct_section","embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fbtc_ct_section&post=440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}