Robinhood (NASDAQ: HOOD) CTO Jeffrey Pinner exits, triggers severance

Rhea-AI Filing Summary

Robinhood Markets, Inc. announced that its Chief Technology Officer, Jeffrey Pinner, is separating from his position effective May 7, 2026. The company states that his departure is treated as a termination without cause for severance purposes.

Under the company’s Change in Control and Severance Plan for Key Employees, as described in its 2026 annual meeting proxy statement, Mr. Pinner will be eligible for the benefits available upon such a termination. Robinhood’s Class A common stock continues to trade on The Nasdaq Stock Market LLC under the symbol HOOD.

Insights

Corporate governance analyst

Robinhood’s CTO departs, triggering standard severance benefits.

Robinhood Markets, Inc. reports that Chief Technology Officer Jeffrey Pinner separated from his role effective May 7, 2026. The filing does not describe any replacement or transition structure, focusing instead on his eligibility for existing severance arrangements.

The company confirms that Mr. Pinner qualifies for benefits applicable to a termination without cause under its Change in Control and Severance Plan for Key Employees, referenced in the 2026 proxy statement. This suggests the departure is being handled under pre-established policies rather than through a bespoke agreement.

The impact on technology leadership and execution will depend on how Robinhood reallocates or replaces the CTO role, which is not detailed here. Subsequent disclosures in future company communications or filings may clarify succession plans and organizational changes.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

CTO separation date: May 7, 2026 Par value per share: $0.0001 per share Company phone number: (844) 428-5411

3 metrics

CTO separation date May 7, 2026 Effective date of Jeffrey Pinner’s separation as CTO

Par value per share $0.0001 per share Class A Common Stock par value

Company phone number (844) 428-5411 Registrant’s telephone number for principal executive offices

Key Terms

Change in Control and Severance Plan for Key Employees, termination without cause, Emerging growth company, Securities registered pursuant to Section 12(b) of the Act

4 terms

Change in Control and Severance Plan for Key Employees financial

"benefits applicable upon a termination without cause under the Company’s Change in Control and Severance Plan for Key Employees"

termination without cause financial

"benefits applicable upon a termination without cause under the Company’s Change in Control and Severance Plan"

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Securities registered pursuant to Section 12(b) of the Act regulatory

"Securities registered pursuant to Section 12(b) of the Act"

Understanding 8-K Material Events →

0001783879FALSE00017838792026-05-072026-05-07

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 7, 2026

Robinhood Markets, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-40691

46-4364776

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

85 Willow Road

Menlo Park, CA 94025

(Address of principal executive offices) (Zip Code)

(844) 428-5411

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐						Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐						Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐						Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐						Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Class A Common Stock, $0.0001 par value per share			HOOD			The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company						☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.						☐

Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 7, 2026, Robinhood Markets, Inc. (the "Company") determined that Jeffrey Pinner, Chief Technology Officer, would be separating from his position, effective the same day. In connection with the separation, Mr. Pinner will be eligible to receive benefits applicable upon a termination without cause under the Company’s Change in Control and Severance Plan for Key Employees as described in the Company’s proxy statement for the 2026 annual meeting of stockholders.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						Robinhood Markets, Inc.
Date:			May 8, 2026			By:			/s/ Shiv Verma
									Name: Shiv Verma
									Title: Chief Financial Officer

FAQ

What did Robinhood (HOOD) disclose about its Chief Technology Officer?

Robinhood disclosed that its Chief Technology Officer, Jeffrey Pinner, separated from his position effective May 7, 2026. The company characterized this as a termination without cause for purposes of severance eligibility under its Change in Control and Severance Plan for Key Employees.

When did Robinhood’s CTO Jeffrey Pinner leave his role at HOOD?

Jeffrey Pinner’s separation from his role as Chief Technology Officer at Robinhood Markets, Inc. was effective May 7, 2026. This date is specifically identified as the effective separation date in the company’s current report filed under Item 5.02 regarding officer departures.

What severance benefits will Robinhood CTO Jeffrey Pinner be eligible for?

Jeffrey Pinner will be eligible for benefits available upon a termination without cause under Robinhood’s Change in Control and Severance Plan for Key Employees. The filing notes that these benefits are described in the company’s proxy statement for its 2026 annual meeting of stockholders.

How does Robinhood classify Jeffrey Pinner’s departure from the company?

Robinhood classifies Jeffrey Pinner’s departure as a separation treated as a termination without cause under its severance plan. This classification determines his eligibility for specific benefits outlined in the Change in Control and Severance Plan for Key Employees referenced in the 2026 proxy statement.

What stock does Robinhood Markets, Inc. (HOOD) list on Nasdaq?

Robinhood Markets, Inc. lists its Class A Common Stock, with a par value of $0.0001 per share, on The Nasdaq Stock Market LLC. The trading symbol for this class of common stock is HOOD, as disclosed in the securities registration section.

Where is Robinhood Markets, Inc. headquartered and how can it be contacted?

Robinhood Markets, Inc. is headquartered at 85 Willow Road, Menlo Park, CA 94025. The company lists a primary telephone number of (844) 428-5411 for contacting its principal executive offices, according to the address and contact details included in the filing.

Filing Exhibits & Attachments

3 documents

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