Robinhood CFO sells 11,472 shares in plan trade

Available on EDGAR 09/17/2026 - 04:41 PM EDT Accepted by SEC EDGAR 09/17/2026 - 04:41 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Robinhood Markets, Inc. (HOOD) reported that its Chief Financial Officer, Shiv Verma, sold a total of 11,472 shares of Class A Common Stock on September 15, 2026 in a series of open-market transactions under a Rule 10b5-1 trading plan adopted on August 20, 2025.

The reported weighted-average sale prices for the individual trades ranged from about $106.18 to $112.83 per share, with no post-transaction share balance disclosed in this filing.

Insider Trade Summary 10b5-1

Net Seller: 11,472 shares

Net Sell 6 txns

Insider Verma Shiv

Role Chief Financial Officer

Sold 11,472 shs ($1.27M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	300	$106.1767	$32K
Sale	Class A Common Stock F1, F3	1,851	$109.2267	$202K
Sale	Class A Common Stock F1, F4	6,032	$110.2586	$665K
Sale	Class A Common Stock F1, F5	1,289	$111.0825	$143K
Sale	Class A Common Stock F1, F6	1,800	$112.1811	$202K
Sale	Class A Common Stock F1, F7	200	$112.825	$23K

Holdings After Transaction: Class A Common Stock — 56,858 shares (Direct)

Footnotes (7)

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 $106.08 to $106.30. 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 $108.67 to $109.66. 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 $109.68 to $110.65. 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 $110.69 to $111.59. 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 $111.81 to $112.59. 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.
7. F7. This transaction was executed in multiple trades during the day at prices ranging from $112.82 to $112.83. 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: 11,472 shares Lowest reported weighted-average sale price: $106.18 per share Highest reported weighted-average sale price: $112.83 per share +2 more

5 metrics

Total shares sold 11,472 shares Aggregate Class A Common Stock sales by the CFO on September 15, 2026

Lowest reported weighted-average sale price $106.18 per share One sale tranche of 300 shares on September 15, 2026

Highest reported weighted-average sale price $112.83 per share One sale tranche of 200 shares on September 15, 2026

Number of separate sale transactions 6 transactions Individual open-market sale entries reported for September 15, 2026

Rule 10b5-1 trading plan adoption date August 20, 2025 Plan under which the September 15, 2026 sales were executed

Key Terms

Rule 10b5-1 trading plan, weighted-average price, open market

3 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.

open market market

"Sale in open market or private transaction"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

FAQ

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

What insider transaction did Robinhood Markets (HOOD) disclose for its CFO?

Robinhood disclosed that Chief Financial Officer Shiv Verma sold 11,472 shares of Class A Common Stock on September 15, 2026 in a series of open-market transactions reported on a Form 4.

How many Robinhood (HOOD) shares did the CFO sell and on what date?

The CFO sold a total of 11,472 shares of Robinhood Class A Common Stock on September 15, 2026, executed across multiple trades throughout that day.

What prices did the Robinhood (HOOD) CFO receive for the shares sold?

The reported weighted-average sale prices ranged from about $106.18 to $112.83 per share, with narrower price ranges disclosed in footnotes for each trade executed on September 15, 2026.

Was the Robinhood (HOOD) CFO’s stock sale made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Shiv Verma on August 20, 2025, and the plan status box affirming a Rule 10b5-1 arrangement is marked.

What type of security did the Robinhood (HOOD) CFO sell in this Form 4?

All reported transactions involved Class A Common Stock of Robinhood Markets, Inc., sold in open-market transactions on September 15, 2026.

Does the Form 4 show how many Robinhood (HOOD) shares the CFO holds after these sales?

No. The Form 4 reports the 11,472 shares sold but does not disclose the total number of shares directly held by the CFO following these transactions.

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

Form 4 Insider Transactions: What Each Field Means →

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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)
09/15/2026

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	09/15/2026		S(1)		300	D	$106.1767(2)	68,030	D
Class A Common Stock	09/15/2026		S(1)		1,851	D	$109.2267(3)	66,179	D
Class A Common Stock	09/15/2026		S(1)		6,032	D	$110.2586(4)	60,147	D
Class A Common Stock	09/15/2026		S(1)		1,289	D	$111.0825(5)	58,858	D
Class A Common Stock	09/15/2026		S(1)		1,800	D	$112.1811(6)	57,058	D
Class A Common Stock	09/15/2026		S(1)		200	D	$112.825(7)	56,858	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 $106.08 to $106.30. 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 $108.67 to $109.66. 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 $109.68 to $110.65. 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 $110.69 to $111.59. 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 $111.81 to $112.59. 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.

7. This transaction was executed in multiple trades during the day at prices ranging from $112.82 to $112.83. 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/ Maureen Montgomery, attorney-in-fact for Shiv Verma	09/17/2026
	** 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)