Robinhood (NASDAQ: HOOD) CFO sells 5,436 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
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 Trade Summary 10b5-1
Net Seller: 5,436 shares ($466,717)
Net Sell
5 txns
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)
- 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.
Key Figures
Total shares sold: 5,436 shares
Sale price (first reported block): $83.4333 per share
Sale price (highest reported block): $87.3632 per share
+2 more
5 metrics
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
Key Terms
Rule 10b5-1 trading plan, weighted-average price, Class A Common Stock, open-market sale
4 terms
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.
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.
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.