Bhatt living trust plans $5M Robinhood stock sale

Robinhood Markets, Inc. (HOOD) is the issuer for a Rule 144 notice filed on behalf of the Baiju Prafulkumar Bhatt Living Trust covering planned sales of common stock.

Rhea-AI Filing Summary

Robinhood Markets, Inc. (HOOD) is the issuer for a Rule 144 notice filed on behalf of the Baiju Prafulkumar Bhatt Living Trust covering planned sales of common stock. The notice lists 43,373 shares of common stock to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of $5,000,039.44 and an indicated outstanding share count of 790,630,234 shares of common stock as of September 10, 2026.

The trust also reports that, during the prior three months, it sold 50,317 shares for $4,870,630.25 on August 14, 2026, 49,223 shares for $4,680,526.47 on July 24, 2026, and 57,898 shares for $5,189,554.06 on June 11, 2026, all as 10b5-1 sales of Robinhood Markets common stock. The securities to be sold are identified as common stock originally acquired on October 4, 2018 as founders shares from the issuer.

Key Figures

Shares to be sold under Rule 144: 43,373 shares Aggregate market value of planned sale: $5,000,039.44 Shares outstanding: 790,630,234 shares +3 more

6 metrics

Shares to be sold under Rule 144 43,373 shares Planned sale of Robinhood Markets common stock by Baiju Prafulkumar Bhatt Living Trust

Aggregate market value of planned sale $5,000,039.44 Value of 43,373 Robinhood Markets common shares to be sold

Shares outstanding 790,630,234 shares Robinhood Markets common stock indicated as outstanding as of September 10, 2026

10b5-1 sale on August 14, 2026 50,317 shares; $4,870,630.25 Recent 10b5-1 sale of Robinhood Markets common stock by the trust

10b5-1 sale on July 24, 2026 49,223 shares; $4,680,526.47 Recent 10b5-1 sale of Robinhood Markets common stock by the trust

10b5-1 sale on June 11, 2026 57,898 shares; $5,189,554.06 Recent 10b5-1 sale of Robinhood Markets common stock by the trust

Key Terms

Rule 144, 10b5-1, Founders Shares

3 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.

10b5-1 regulatory

"10b5-1 Sales for BAIJU PRAFULKUMAR BHATT LIVING TRUST"

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.

Founders Shares financial

"Founders Shares | Issuer | | | 43373 | 10/04/2018"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Robinhood Markets, Inc. (HOOD)?

The filing discloses that the Baiju Prafulkumar Bhatt Living Trust has filed a Rule 144 notice to sell 43,373 shares of Robinhood Markets common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $5,000,039.44.

How many HOOD shares has the Baiju Prafulkumar Bhatt Living Trust sold in the last three months?

Over the prior three months, the trust reports 10b5-1 sales totaling 50,317 shares on August 14, 2026, 49,223 shares on July 24, 2026, and 57,898 shares on June 11, 2026 of Robinhood Markets common stock.

What were the approximate proceeds from recent HOOD share sales by the trust?

Reported gross proceeds were $4,870,630.25 on August 14, 2026, $4,680,526.47 on July 24, 2026, and $5,189,554.06 on June 11, 2026 from 10b5-1 sales of Robinhood Markets common stock by the Baiju Prafulkumar Bhatt Living Trust.

What type of HOOD shares are being sold under this Form 144 notice?

The securities to be sold are common stock of Robinhood Markets, identified as founders shares originally acquired from the issuer on October 4, 2018.

How many Robinhood Markets (HOOD) shares are indicated as outstanding in the Form 144?

The Form 144 disclosure lists an outstanding share count of 790,630,234 shares of Robinhood Markets common stock as of September 10, 2026.

Which broker is handling the planned HOOD share sale for the Baiju Prafulkumar Bhatt Living Trust?

The planned sale of 43,373 shares of Robinhood Markets common stock is listed as being handled through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/10/2026 - 04:43 PM EDT Accepted by SEC EDGAR 09/10/2026 - 04:42 PM EDT Learn about SEC filing dates

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	0001966647
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Robinhood Markets, Inc.
SEC File Number	001-40691
Address of Issuer	85 Willow Road Menlo Park CALIFORNIA 94025
Phone	8444285411
Name of Person for Whose Account the Securities are To Be Sold	Baiju Prafulkumar Bhatt Living Trust
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	Director

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	43373	5000039.44	790630234	09/10/2026	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	10/04/2018	Founders Shares	Issuer			43373	10/04/2018	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 BAIJU PRAFULKUMAR BHATT LIVING TRUST 85 Willow Road Menlo Park CA 94025	Common	08/14/2026	50317	4870630.25
10b5-1 Sales for BAIJU PRAFULKUMAR BHATT LIVING TRUST 85 Willow Road Menlo Park CA 94025	Common	07/24/2026	49223	4680526.47
10b5-1 Sales for BAIJU PRAFULKUMAR BHATT LIVING TRUST 85 Willow Road Menlo Park CA 94025	Common	06/11/2026	57898	5189554.06

144: Remarks and Signature

Remarks
Date of Notice	09/10/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	11/13/2025
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	/s/ Baiju Prafulkumar Bhatt
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)