375,000-share Form 144 sale notice for HOOD (NASDAQ: HOOD)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 reporting a proposed sale of 375,000 Founders Shares. The filing shows $42,273,750.00 alongside a shares-outstanding figure of 791,184,698 as of 07/06/2026.

The notice also lists recent 10b5-1 dispositions: SURFBOARD MANAGEMENT LLC sold 40,500 shares for $3,479,184.90 and the TENEV 2017 IRR TRUST sold 327,500 shares for $28,134,902.75.

Key Figures

Proposed shares to be sold: 375,000 shares Associated amount: $42,273,750.00 Shares outstanding: 791,184,698 shares +3 more

6 metrics

Proposed shares to be sold 375,000 shares Founders Shares reported on Form 144

Associated amount $42,273,750.00 Figure shown on the same line as the 375,000 shares

Shares outstanding 791,184,698 shares as of <date>07/06/2026</date>

10b5-1 sale by SURFBOARD MANAGEMENT LLC 40,500 shares sale dated <date>04/15/2026</date> for $3,479,184.90

10b5-1 sale by TENEV 2017 IRR TRUST 327,500 shares sale dated <date>04/15/2026</date> for $28,134,902.75

Filing form Form 144 Notice of proposed sale under Rule 144

Key Terms

Form 144, 10b5-1 Sales, Founders Shares, Shares outstanding

4 terms

Form 144 regulatory

"filed a Form 144 reporting a proposed sale of 375,000 Founders Shares"

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.

10b5-1 Sales regulatory

"10b5-1 Sales for SURFBOARD MANAGEMENT LLC ... Common ... 04/15/2026"

10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.

Founders Shares financial

"Common | Founders Shares | Issuer | 375000 | 12/04/2013"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

Shares outstanding market

"791184698 | 07/06/2026 | NASDAQ"

Shares outstanding are the total number of a company’s stock units held by all shareholders, including institutional investors and company insiders — think of them as the total number of slices of the company’s ownership pie. Investors use this number to calculate how much of the company each share represents, and it directly affects per-share measures like earnings per share, ownership percentage and valuation; when the slice count changes, an investor’s claim and the company’s per-share metrics change too.

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Available on EDGAR 07/06/2026 - 04:39 PM Accepted by SEC EDGAR 07/06/2026 - 04:38 PM Learn about SEC filing dates

FAQ

What does the Form 144 filed for HOOD report?

It reports a proposed sale of 375,000 Founders Shares and lists an associated figure of $42,273,750.00. The filing also provides recent 10b5-1 sale details by related parties on 04/15/2026.

Who executed recent 10b5-1 sales disclosed in the filing?

The filing lists SURFBOARD MANAGEMENT LLC selling 40,500 shares for $3,479,184.90 and the TENEV 2017 IRR TRUST selling 327,500 shares for $28,134,902.75, both dated 04/15/2026.

How many shares outstanding does the filing show for HOOD?

The document shows 791,184,698 shares outstanding as of 07/06/2026. This number appears on the filing page alongside the proposed sale and should be read as a context figure.

Does the Form 144 state who will receive proceeds from the sale?

The filing shows an amount of $42,273,750.00 associated with the 375,000 shares, but it does not specify the recipient party or the detailed cash‑flow treatment in the provided excerpt.

What is a 10b5-1 sale referenced in the filing for HOOD?

A 10b5-1 sale is a prearranged trading plan permitting scheduled sales; the filing notes such plans for named holders with specific sale dates and amounts on 04/15/2026.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	375000	42273750.00	791184698	07/06/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/04/2013	Founders Shares	Issuer			375000	12/04/2013	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SURFBOARD MANAGEMENT LLC 85 Willow Road Menlo Park CA 94025	Common	04/15/2026	40500	3479184.90
10b5-1 Sales for TENEV 2017 IRR TRUST AGREEMENT U/ADTD 02/28/2017 85 Willow Road Menlo Park CA 94025	Common	04/15/2026	327500	28134902.75

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)