Robinhood Markets (RVI) reports 13,885,671 fund shares in initial Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Robinhood Markets, Inc. filed an initial Form 3 as a more than ten percent owner of Robinhood Ventures Fund I. The filing reports direct beneficial ownership of 13,885,671 Common Shares of Beneficial Interest. This is a disclosure of an existing holding rather than a new buy or sell transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robinhood Markets, Inc.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares of Beneficial Interest | -- | -- | -- |
Holdings After Transaction:
Common Shares of Beneficial Interest — 13,885,671 shares (Direct)
Footnotes (1)
FAQ
What does Robinhood Markets, Inc. report in its Form 3 for RVI?
Robinhood Markets, Inc. reports its status as a more than ten percent owner of Robinhood Ventures Fund I. The Form 3 discloses an existing position and establishes baseline beneficial ownership information for future insider reporting obligations.
Does the Robinhood Markets, Inc. Form 3 for RVI show a buy or sell?
The Form 3 does not show a specific buy or sell transaction. It classifies the entry as a holding with an unknown transaction code, serving as an initial statement of beneficial ownership rather than a report of a new trade in the issuer’s shares.
What type of security is disclosed in Robinhood Markets, Inc.’s RVI Form 3?
The filing covers Common Shares of Beneficial Interest of Robinhood Ventures Fund I. These are the equity securities for which Robinhood Markets, Inc. reports direct beneficial ownership and triggers ongoing insider reporting as a significant shareholder.
Why is Robinhood Markets, Inc. considered a ten percent owner of RVI?
Robinhood Markets, Inc. is identified in the Form 3 as a more than ten percent owner of Robinhood Ventures Fund I. This ownership status requires initial and ongoing insider disclosures, starting with the reported 13,885,671 Common Shares of Beneficial Interest held directly.