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Robinhood (NASDAQ: HOOD) CFO sells 5,436 shares under 10b5-1 plan

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Robinhood Markets, Inc. Chief Financial Officer Shiv Verma reported open-market sales of 5,436 shares of Class A Common Stock. The sales occurred on April 15, 2026 in multiple trades at weighted-average prices ranging from about $83 to $87 per share. According to the filing, the transactions were made under a Rule 10b5-1 trading plan adopted on August 20, 2025. After these sales, Verma directly holds 52,747 shares of Robinhood Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Verma Shiv
Role Chief Financial Officer
Sold 5,436 shs ($467K)
Type Security Shares Price Value
Sale Class A Common Stock 600 $83.4333 $50K
Sale Class A Common Stock 700 $84.6686 $59K
Sale Class A Common Stock 1,571 $85.6497 $135K
Sale Class A Common Stock 2,100 $86.7662 $182K
Sale Class A Common Stock 465 $87.3632 $41K
Holdings After Transaction: Class A Common Stock — 57,583 shares (Direct)
Footnotes (1)
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025. This transaction was executed in multiple trades during the day at prices ranging from $83.15 to $83.87. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made. This transaction was executed in multiple trades during the day at prices ranging from $84.17 to $85.03. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made. This transaction was executed in multiple trades during the day at prices ranging from $85.17 to $86.11. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made. This transaction was executed in multiple trades during the day at prices ranging from $86.26 to $87.25. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made. This transaction was executed in multiple trades during the day at prices ranging from $87.31 to $87.385. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
Total shares sold 5,436 shares Aggregate open-market sales on April 15, 2026
Sale price (first reported block) $83.4333 per share Weighted-average price for 600 shares of Class A Common Stock
Sale price (highest reported block) $87.3632 per share Weighted-average price for 465 shares of Class A Common Stock
Shares remaining after sales 52,747 shares Direct Class A Common Stock holdings following final transaction
Largest single-sale block 2,100 shares Open-market sale at a weighted-average price of $86.7662 per share
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted-average price financial
"The weighted-average price is reported above."
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Verma Shiv

(Last)(First)(Middle)
C/O ROBINHOOD MARKETS, INC.
85 WILLOW ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Robinhood Markets, Inc. [ HOOD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/15/2026S(1)600D$83.4333(2)57,583D
Class A Common Stock04/15/2026S(1)700D$84.6686(3)56,883D
Class A Common Stock04/15/2026S(1)1,571D$85.6497(4)55,312D
Class A Common Stock04/15/2026S(1)2,100D$86.7662(5)53,212D
Class A Common Stock04/15/2026S(1)465D$87.3632(6)52,747D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025.
2. This transaction was executed in multiple trades during the day at prices ranging from $83.15 to $83.87. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
3. This transaction was executed in multiple trades during the day at prices ranging from $84.17 to $85.03. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
4. This transaction was executed in multiple trades during the day at prices ranging from $85.17 to $86.11. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
5. This transaction was executed in multiple trades during the day at prices ranging from $86.26 to $87.25. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
6. This transaction was executed in multiple trades during the day at prices ranging from $87.31 to $87.385. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
Remarks:
/s/ Matthew Yorkavich, attorney-in- fact for Shiv Verma04/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Robinhood (HOOD) CFO Shiv Verma report in this Form 4?

Shiv Verma reported selling Robinhood Class A Common Stock in open-market trades. The Form 4 shows multiple sales totaling 5,436 shares on April 15, 2026, executed under a pre-established Rule 10b5-1 trading plan, with updated direct ownership after the transactions.

How many Robinhood (HOOD) shares did CFO Shiv Verma sell?

Shiv Verma sold a total of 5,436 Robinhood Class A shares. The filing aggregates five separate open-market sale transactions on April 15, 2026, each with its own price and share count, and reports the combined effect on his direct share ownership.

At what prices were the Robinhood (HOOD) shares sold by Shiv Verma?

The reported weighted-average sale prices range from about $83 to $87 per share. Individual transactions are listed with prices such as $83.4333, $84.6686, $85.6497, $86.7662, and $87.3632, each representing weighted-average prices for multiple trades during the day.

Does this Robinhood (HOOD) Form 4 indicate a pre-planned trading arrangement?

Yes. The Form 4 states the sales were under a Rule 10b5-1 trading plan. A footnote explains the transactions were effected pursuant to a Rule 10b5-1 plan adopted by Shiv Verma on August 20, 2025, indicating they were pre-scheduled rather than discretionary.

How many Robinhood (HOOD) shares does Shiv Verma hold after these sales?

After the reported sales, Shiv Verma directly owns 52,747 Class A shares. Each transaction line in the Form 4 shows the updated balance, with the final reported total shares following the last sale being 52,747, reflecting his post-transaction direct holdings.

Were Shiv Verma’s Robinhood (HOOD) share sales executed in a single trade or multiple trades?

The sales were executed in multiple trades throughout the day. Footnotes explain that each reported price is a weighted average for trades within specified price ranges, and that full trade details are available upon request from the issuer, the SEC staff, or shareholders.