Robinhood (NASDAQ: HOOD) director gains stock through RSU vesting and fee grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robinhood Markets director Meyer Malka reported routine equity compensation activity in Class A Common Stock. On March 31, 2026, he was automatically granted 211 shares under Robinhood’s Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan, in lieu of cash fees, based on a closing price of $69.30 per share, with shares fully vested at grant. On April 1, 2026, 800 Restricted Stock Units were exercised into 800 shares of Class A Common Stock. Following these transactions, he holds 9,853 shares directly, in addition to large indirect holdings through various trusts, an LLC, and funds where he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Routine director equity awards and RSU vesting with no open‑market trades.
Director Meyer Malka received 211 shares of Robinhood Class A Common Stock as fully vested director fee compensation and saw 800 RSUs convert into 800 shares. Both events are non-cash, stock-based compensation and derivative conversion, not market purchases or sales.
After these transactions, he holds 9,853 shares directly, plus multi-million indirect holdings via trusts, an LLC, and funds, where footnotes state he disclaims beneficial ownership except for any pecuniary interest. With no reported sales and modest size relative to indirect positions, this filing appears administrative and neutral for investors.
Insider Trade Summary
800 shares exercised/converted
Mixed
6 txns
Insider
Malka Meyer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 800 | $0.00 | -- |
| Exercise | Class A Common Stock | 800 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 211 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 801 shares (Direct);
Class A Common Stock — 9,853 shares (Direct);
Class A Common Stock — 3,976,234 shares (Indirect, By Trusts)
Footnotes (1)
- On March 31, 2026, the Reporting Person was automatically granted 211 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). This grant was made in lieu of cash fees, based on the March 31, 2026 closing price of $69.30 per share of Class A Common Stock, and these shares were fully vested upon grant. The Reporting Person is the founder and managing partner of the Ribbit Capital 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 ("RSUs") to certain entities affiliated with such funds. The Reporting Person 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. RSUs convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. 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. 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. 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 BF UGP and 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. On June 25, 2025, the Reporting Person was granted 3,202 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs vested on October 1, 2025, with the remainder scheduled to vest in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2026 annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
Key Figures
Director stock grant: 211 shares
Grant pricing reference: $69.30 per share
RSUs exercised: 800 RSUs / 800 shares
+4 more
7 metrics
Director stock grant
211 shares
Automatic Class A grant on March 31, 2026 in lieu of cash fees
Grant pricing reference
$69.30 per share
March 31, 2026 closing price used to calculate 211-share fee grant
RSUs exercised
800 RSUs / 800 shares
Restricted Stock Units converting one-for-one into Class A on April 1, 2026
Direct holdings after transactions
9,853 shares
Robinhood Class A Common Stock held directly by Meyer Malka post-Form 4
Indirect trust-related holdings
3,976,234 shares
Class A shares held by multiple trusts and an LLC associated with Malka
Indirect LLC holdings
102,183 shares
Shares held by Tibbir Holdings LLC associated with Meyer Malka
Indirect fund holdings
3,235,585 shares
Shares held by Bullfrog Capital entities associated with Meyer Malka
Key Terms
Restricted Stock Units, Non-Employee Director Compensation Program, 2021 Omnibus Incentive Plan, pecuniary interest, +1 more
5 terms
Restricted Stock Units financial
"On June 25, 2025, the Reporting Person was granted 3,202 RSUs under the 2021 Plan."
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.
Non-Employee Director Compensation Program financial
"the Reporting Person was automatically granted 211 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc."
2021 Omnibus Incentive Plan financial
"was automatically granted 211 shares ... and Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan")."
pecuniary interest financial
"disclaims beneficial ownership of such shares ... except to the extent of his pecuniary interest therein, if any"
Section 16 of the Securities Exchange Act of 1934 regulatory
"disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What insider transactions did HOOD director Meyer Malka report in this Form 4?
Meyer Malka reported two equity-related acquisitions: an automatic grant of 211 shares of Class A Common Stock as director fee compensation and the conversion of 800 Restricted Stock Units into 800 shares of Class A Common Stock. No open-market purchases or sales were reported.
How do the RSUs reported for HOOD convert into Class A Common Stock?
Footnotes state that RSUs convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. In this filing, 800 Restricted Stock Units were converted into 800 shares of Robinhood Class A Common Stock when they vested.