HOOD Form 4: Baiju Bhatt Vesting of 800 RSUs and 87 Shares
Rhea-AI Filing Summary
Baiju Bhatt, a director of Robinhood Markets, Inc. (HOOD), reported two equity transactions. On 09/30/2025 he was granted 87 Class A shares under the Non-Employee Director Compensation Program in lieu of cash fees; those shares were fully vested on grant. On 10/01/2025 800 restricted stock units (RSUs) vested and converted one-for-one into Class A common stock, increasing his direct beneficial ownership to 2,402 shares. The RSUs were part of a 3,202-RSU grant awarded on 06/25/2025, with the remainder scheduled to vest in three equal quarterly installments (and the final installment no later than the day before the 2026 annual meeting), subject to continued service and certain acceleration conditions.
Positive
- 87 Class A shares were granted and fully vested on grant
- 800 RSUs vested and converted one-for-one into Class A common stock on 10/01/2025
- Reporting Person's direct beneficial ownership increased to 2,402 Class A shares
- Original award size of 3,202 RSUs disclosed with a clear vesting schedule through the 2026 annual meeting
Negative
- None.
Insights
Director received equity compensation tied to service and standard vesting.
The Form 4 shows routine director compensation: 87 shares were issued in lieu of cash fees and were immediately vested on 09/30/2025. This reflects the company's established Non-Employee Director Compensation Program and use of equity to conserve cash.
The filing is signed by an attorney-in-fact on 10/02/2025, and reports direct beneficial ownership of 2,402 Class A shares after the transactions.
RSU grant mechanics and vesting schedule are disclosed precisely.
The Reporting Person received a 3,202-RSU award on 06/25/2025 with one-quarter vesting on 10/01/2025 and three additional quarterly installments thereafter, with a contractual latest vesting cutoff tied to the 2026 annual meeting. The 800 RSUs that vested converted to 800 shares at $0 exercise price upon settlement.
Insider Trade Summary
| 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 | 87 | $0.00 | -- |
Footnotes (1)
- On September 30, 2025, the Reporting Person was automatically granted 87 shares of Class A 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. This grant was made in lieu of cash fees, based on the September 30, 2025 closing price of $143.18 per share of Class A Common Stock, and these shares were fully vested upon grant. Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. On June 25, 2025, the Reporting Person was granted 3,202 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-fourth (1/4) of these RSUs vested on October 1, 2025, with the remainder vesting 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.
