Robinhood CFO Verma Shiv and director Bhatt Baiju have collectively sold over $5.25 million in stock in the past three days

According to the information released by the SEC, Robinhood (HOOD) Chief Financial Officer Verma Shiv sold 3,982 shares of the company's stock on August 17 at an average price of $95.07 per share, for a total value of approximately $378,600. After the transaction, his direct holdings decreased to 51,963 shares. In addition, Robinhood (HOOD) Director Bhatt Baiju sold 50,317 shares of the company's stock on August 14 at an average price of $96.80 per share, for a total value of approximately $4.8706 million. After the transaction, his direct holdings decreased to 3,703 shares.