Robinhood officer plans $3.2M sale of 30K shares
Robinhood Markets, Inc. (HOOD) officer Daniel Martin Gallagher filed a notice of proposed sale of 30,000 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC.
Rhea-AI Filing Summary
Robinhood Markets, Inc. (HOOD) officer Daniel Martin Gallagher filed a notice of proposed sale of 30,000 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC. The shares relate to Restricted Stock Units from June 1, 2025, and are associated with an indicated value of $3,209,700.
The notice also lists prior sales under a 10b5-1 Sales Plan over the past three months, including two separate transactions of 10,000 shares each.
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Key Figures
Shares proposed for sale: 30,000 shares
Aggregate value of proposed sale: $3,209,700
Prior sale on July 6, 2026: 10,000 shares; $1,161,433
+3 more
6 metrics
Shares proposed for sale
30,000 shares
Common stock of Robinhood Markets, Inc. to be sold under Rule 144
Aggregate value of proposed sale
$3,209,700
Indicated aggregate value for 30,000 common shares
Prior sale on July 6, 2026
10,000 shares; $1,161,433
Common stock sold under 10b5-1 Sales Plan in past 3 months
Prior sale on August 3, 2026
10,000 shares; $904,192
Common stock sold under 10b5-1 Sales Plan in past 3 months
Securities type
Common stock; Restricted Stock Units
RSUs dated June 1, 2025, from the issuer
Trading market
NASDAQ
Listing market for the common stock referenced in the sale
Key Terms
Rule 144, Restricted Stock Units, 10b5-1 Sales Plan, Form 144
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | | | 30000 | 06/01/2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 Sales Plan regulatory
"10b5-1 Sales Plan for DANIEL MARTIN GALLAGHER 85 Willow Road"
A 10b5-1 sales plan is a written, prearranged schedule that company insiders use to buy or sell their employer’s stock under a U.S. securities rule, so trades occur automatically at set times or prices regardless of later private information. It matters to investors because it reduces the risk of insider-trading accusations and signals that certain insider trades were planned ahead—like putting transactions on autopilot—while still affecting share supply and market confidence.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing disclose for Robinhood Markets, Inc. (HOOD)?
It discloses that officer Daniel Martin Gallagher plans to sell 30,000 shares of Robinhood Markets, Inc. common stock under Rule 144, with an indicated aggregate value of $3,209,700, and that he has made additional sales in the prior three months.
What type of HOOD securities are being sold and how were they acquired?
The securities to be sold are common stock associated with Restricted Stock Units. The filing notes these RSUs are dated June 1, 2025 and identifies the issuer as the source of these securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.