Robinhood IPO Filing Shows CLO’s Pay Valued at $30 Million (1)

July 1, 2021, 7:12 PM UTCUpdated: July 1, 2021, 10:27 PM UTC

Robinhood Markets Inc. gave its chief legal officer Daniel Gallagher Jr. a pay package valued at nearly $30.1 million last year, according to a securities filing Thursday by the financial technology company.

The S-1 filing by Robinhood disclosing its plans to go public at a placeholder valuation of $100 million came a day after the online trading platform agreed to pay a record $70 million fine as part of a settlement with the Financial Industry Regulatory Authority, the self-regulatory body for the brokerage industry.

Robinhood’s proposed initial public offering, which has been expected for months and is considered one of ...

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