Robinhood sets $18M RSU grant for new CFO
Robinhood Markets, Inc. reports updated details of its principal financial officer transition.
Rhea-AI Filing Summary
Robinhood Markets, Inc. reports updated details of its principal financial officer transition. The Board previously appointed Shiv Verma as Chief Financial Officer effective as of the close of business on February 6, 2026.
On March 18, 2026, the People and Compensation Committee set Mr. Verma’s annual base salary at $600,000 and his annual bonus target at 75% of base salary. On March 19, 2026, the Board approved a promotion grant of restricted stock units with a grant date target value of approximately $18 million, vesting over four years. He is also eligible for benefits consistent with other similarly situated executive officers.
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8-K Event Classification
FAQ
What executive change does Robinhood (HOOD) describe in this 8-K/A amendment?
What is the new CFO Shiv Verma’s base salary at Robinhood (HOOD)?
What bonus opportunity will Robinhood (HOOD) CFO Shiv Verma have?
What equity award is Robinhood (HOOD) granting to CFO Shiv Verma?
When did Robinhood’s Board approve CFO Shiv Verma’s equity grant?
Are Robinhood (HOOD) CFO benefits aligned with other executives?
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