Robinhood CFO sells 5,436 shares in plan trade

Robinhood Markets, Inc. Chief Financial Officer Shiv Verma reported open-market sales of 5,436 shares of Class A Common Stock.

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.

Insider Trade Summary 10b5-1

Net Seller: 5,436 shares

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 — 52,747 shares (Direct)

Footnotes (6)

1. F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025.
2. F2. 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. F3. 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. F4. 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. F5. 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. F6. 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."

Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/17/2026 - 05:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

	Director		10% Owner
X	Officer (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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/15/2026		S(1)		600	D	$83.4333(2)	57,583	D
Class A Common Stock	04/15/2026		S(1)		700	D	$84.6686(3)	56,883	D
Class A Common Stock	04/15/2026		S(1)		1,571	D	$85.6497(4)	55,312	D
Class A Common Stock	04/15/2026		S(1)		2,100	D	$86.7662(5)	53,212	D
Class A Common Stock	04/15/2026		S(1)		465	D	$87.3632(6)	52,747	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Verma	04/17/2026
	** Signature of Reporting Person	Date
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)