Robinhood officer may sell $2.6M in stock
Officer Steven Quirk files a Rule 144 notice to sell 24,416 HOOD shares, following earlier 10b5-1 sales in the prior three months.
Rhea-AI Filing Summary
Robinhood Markets, Inc. (HOOD) received a notice under Rule 144 that officer Steven Quirk may sell 24,416 shares of common stock, with an aggregate market value of $2,612,267.84, on or about September 3, 2026 on NASDAQ. The shares were acquired upon the vesting of restricted stock units between September 1, 2025 and September 1, 2026. The notice also reports prior Rule 10b5-1 sales of 19,377 shares during the past three months.
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Key Figures
Shares to be sold under Rule 144: 24,416 shares
Aggregate market value of planned sale: $2,612,267.84
Shares outstanding: 790,630,234 shares
+4 more
7 metrics
Shares to be sold under Rule 144
24,416 shares
Planned sale of Robinhood common stock by officer Steven Quirk on or about September 3, 2026
Aggregate market value of planned sale
$2,612,267.84
Value of 24,416 Robinhood common shares covered by the Rule 144 notice
Shares outstanding
790,630,234 shares
Robinhood common shares outstanding referenced in connection with the Rule 144 sale
Shares sold in past 3 months
19,377 shares
10b5-1 sales by Steven Quirk on July 2, 2026
Aggregate value of past 3-month sales
$2,324,464.92
Value of 19,377 Robinhood shares sold on July 2, 2026
Date of Rule 144 sale
September 3, 2026
Approximate date of sale for the 24,416 shares on NASDAQ
Rule 144 notice date
September 3, 2026
Date of notice signed by Steven Quirk
Key Terms
Rule 144, restricted stock units, 10b5-1, aggregate market value
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
"The securities to be sold were acquired upon the vesting of restricted stock units"
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 regulatory
"10b5-1 Sales for STEVEN QUIRK 85 Willow Road Menlo Park CA 94025"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services ... | 24416 | 2612267.84"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing for HOOD disclose about Steven Quirk’s planned sale?
The notice states that officer Steven Quirk may sell 24,416 shares of Robinhood Markets, Inc. common stock, with an aggregate market value of $2,612,267.84, on or about September 3, 2026 on NASDAQ under Rule 144.
What prior HOOD stock sales by Steven Quirk are reported in the past three months?
The filing reports 10b5-1 sales for Steven Quirk on July 2, 2026 of 19,377 shares of Robinhood common stock, with an aggregate market value of $2,324,464.92, as securities sold during the past three months.
Is Steven Quirk’s planned HOOD sale associated with a specific trading venue?
Yes. The Rule 144 notice specifies that the 24,416 shares of Robinhood Markets, Inc. common stock are expected to be sold on NASDAQ on or about September 3, 2026.
What security type is Steven Quirk selling in this Robinhood (HOOD) Form 144?
The filing identifies the security as Common stock of Robinhood Markets, Inc., originally acquired through restricted stock units that vested between September 1, 2025 and September 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.