Reuters reveals Robinhood gives founders second chance at $1.4 billion windfall - Reuters News Agency
Business & FinanceTechnology

Reuters reveals Robinhood gives founders second chance at $1.4 billion windfall

Reuters broke the news that stock-trading app Robinhood Markets Inc is giving its billionaire founders four more years to hit share price targets that trigger stock awards worth $1.4 billion. The change could cost Robinhood almost $570 million in accounting expenses over time, according to a regulatory filing and a compensation expert. 

Article Tags
Topics of Interest: Business & FinanceTechnology
Type: Reuters Best
Sectors: EquitiesTechnology
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
Sign up for email updates

Subscribe
Sign up for email updates