# Robinhood CEO and Cathie Wood Sell Shares

> Robinhood's CEO sold $42.6 million of stock as Cathie Wood dumped $38 million more in HOOD shares.
- Title: Robinhood CEO and Cathie Wood Sell Shares · 24/7 Wall St.
- Summary: Robinhood's CEO sold $42.6 million of stock as Cathie Wood dumped $38 million more in HOOD shares. Robinhood's CEO and Cathie Wood sold significant HOOD…
- Keywords: robinhood, cathie wood, ark invest, hoof, nasdaq, stock sale, form 4, price target, CEO, Cathie, Wood, Sell
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/12/robinhoods-ceo-sold-42-6-million-of-stock-and-cathie-wood-dumped-38-million-more
- Author: Omor Ibne Ehsan
- Published: 2026-10-12T15:10:06+00:00
- Read time: 1 min
- Topics: robinhood, cathie wood, ark invest, hoof, nasdaq, stock sale, form 4, price target
## Robinhood CEO's Stock Sale
Robinhood's CEO Vlad Tenev sold 375,000 shares for $42.64 million on October 5, 2026.
## Cathie Wood's Share Dump
Cathie Wood's ARK Invest sold 63,000 shares on October 6, 2026, followed by larger sales over the next three days.
## Tenev's Pre-Set Trading Plan
Tenev's sale ran under a Rule 10b5-1 plan adopted on September 5, 2025, to avoid insider trading.
## ARK's Portfolio Cuts
ARK sold 151,903 shares on October 7 and 202,825 shares on October 8, totaling $47.5 million.
## Stock Price Decline
Robinhood's stock fell from $114.11 to $107.01, dropping 29% below its 12-month high of $153.56.
## Earnings Ahead
Robinhood's third-quarter results are scheduled for October 27, 2026, with key metrics to watch.
## Investment Case Unchanged
The stock's price decline and sales do not affect Robinhood's earnings outlook ahead of earnings.
## Key takeaway

Robinhood's CEO and Cathie Wood sold significant HOOD shares without impacting the company's outlook ahead of earnings.