Robinhood director-linked fund buys 250K HOOD shares
Robinhood Markets director Meyer Malka, through a fund he is associated with, reported an open-market purchase of 250,000 shares of Class A common stock on June 5, 2026.
Rhea-AI Filing Summary
Robinhood Markets director Meyer Malka, through a fund he is associated with, reported an open-market purchase of 250,000 shares of Class A common stock on June 5, 2026. The weighted average purchase price was $80.7368 per share, with individual trades between $80.07 and $81.00.
After this purchase, the fund holds 3,924,427 Robinhood shares indirectly. Additional indirect holdings reported include 102,183 shares by an LLC and 3,976,234 shares by various trusts, plus 1,812 shares held directly. Malka disclaims beneficial ownership of these indirect holdings except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 250,000 shares
Net Buy
4 txns
Insider
Malka Meyer
Role
Director
Bought
250,000 shs ($20.18M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 250,000 | $80.7368 | $20.18M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,924,427 shares (Indirect, By Fund);
Class A Common Stock — 1,812 shares (Direct);
Class A Common Stock — 3,976,234 shares (Indirect, By Trusts);
Class A Common Stock — 102,183 shares (Indirect, By LLC)
Footnotes (5)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $80.07 to $81.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
- F2. Shares held by Bullfrog Capital, L.P. ("Bullfrog"), for itself and as nominee for Bullfrog Founder Fund, L.P. ("Bullfrog FF"). Bullfrog Capital GP, L.P. ("BF GP") is the general partner of Bullfrog and Bullfrog FF, and Bullfrog Capital GP, Ltd. ("BF UGP") is the general partner of BF GP. The Reporting Person is a director of BF UGP and disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16") except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F3. The Reporting Person is the founder and managing partner of the Ribbit family of funds, and is contractually obligated to transfer and/or remit the proceeds of any sale of shares issued pursuant to stock awards or upon vesting and settlement of restricted stock units to certain entities affiliated with such funds. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F4. Represents (i) 325,411 shares held by each of the Aphrodite EM Trust, the Aphrodite MM Trust and the Aphrodite SM Trust (collectively, the "Aphrodite Trusts"), (ii) 2,000,000 shares held by the Malka Kleiner Revocable Trust dated July 16, 2012 (the "Malka Trust"), (iii) one share held by the Tibbir Trust and (iv) 1,000,000 shares held by Lassen Residential LLC, an entity controlled by the Malka Trust. The Reporting Person serves as trustee of the Malka Trust, and the Reporting Person's immediate family member serves as trustee of the Tibbir Trust and each of the Aphrodite Trusts. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F5. Shares held by Tibbir Holdings LLC, of which the Reporting Person serves as investment manager. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
Key Figures
Shares purchased: 250,000 shares
Weighted average price: $80.7368 per share
Price range: $80.07–$81.00 per share
+4 more
7 metrics
Shares purchased
250,000 shares
Open-market purchase of Class A common stock on June 5, 2026
Weighted average price
$80.7368 per share
Price for 250,000-share open-market purchase
Price range
$80.07–$81.00 per share
Range of individual trade prices within the purchase
Fund holdings after trade
3,924,427 shares
Indirect holdings by fund following purchase
Trust holdings
3,976,234 shares
Indirect holdings by various trusts reported in filing
LLC holdings
102,183 shares
Indirect holdings by an LLC
Direct holdings
1,812 shares
Shares held directly by Meyer Malka
Key Terms
open-market purchase, weighted average price, beneficial ownership, pecuniary interest, +2 more
6 terms
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"disclaims beneficial ownership of such shares for purposes of Section 16"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any"
restricted stock units financial
"shares issued pursuant to stock awards or upon vesting and settlement 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.
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did Robinhood (HOOD) insider Meyer Malka report in this Form 4?
Meyer Malka reported an indirect open-market purchase of 250,000 Robinhood Class A shares. The transaction was made through a fund, and it increased that fund’s holdings to 3,924,427 shares, while Malka disclaimed beneficial ownership beyond any pecuniary interest.
What are the total Robinhood (HOOD) holdings for the fund after this transaction?
After the open-market purchase, the fund associated with Meyer Malka holds 3,924,427 Robinhood shares. This position is reported as indirect ownership, with Malka connected through his role but disclaiming beneficial ownership beyond any economic interest.
What other indirect Robinhood (HOOD) holdings are reported for Meyer Malka?
The filing lists 3,976,234 shares held by several trusts and 102,183 shares held by an LLC. These positions are reported as indirect holdings, and Malka again disclaims beneficial ownership except to the extent of any pecuniary interest in those entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
