Robinhood CAO vests 6,977 shares, 2,504 withheld
Robinhood’s Chief Accounting Officer reported RSU vesting and related tax withholding, with no open-market share sales disclosed.
Rhea-AI Filing Summary
Robinhood Markets, Inc. (HOOD) reported that Chief Accounting Officer Dara Bazzano had 6,977 restricted stock units (RSUs) vest and convert into an equal number of shares of Class A Common Stock on September 1, 2026. Of these, 2,504 shares were withheld by Robinhood at $104.81 per share to satisfy tax withholding obligations, which the company states does not represent a sale by Bazzano. Following the transaction, Bazzano continues to hold 34,805 RSUs from this award, with additional tranches scheduled to vest through June 1, 2028; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,977 shares exercised/converted
Exercise
3 txns
Insider
Bazzano Dara
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 6,977 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 6,977 | -- | -- |
| Tax Withholding | Class A Common Stock F2 | 2,504 | $104.81 | $262K |
Holdings After Transaction:
Restricted Stock Units — 34,805 contracts (Direct);
Class A Common Stock — 4,473 shares (Direct)
Footnotes (3)
- F1. Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- F2. Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 6,977 RSUs and does not represent a sale by the Reporting Person.
- F3. On May 6, 2026, the Reporting Person was granted 41,782 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). Approximately 16.7% of the RSUs subject to the award vested on September 1, 2026, with an additional approximately 16.7% scheduled to vest on each of December 1, 2026, March 1, 2027 and June 1, 2027, followed by an additional approximately 8.3% scheduled to vest on each of September 1, 2027, December 1, 2027, March 1, 2028 and June 1, 2028, 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
RSUs converted: 6,977 units
Class A shares acquired: 6,977 shares
Shares withheld for taxes: 2,504 shares
+5 more
8 metrics
RSUs converted
6,977 units
RSUs converted into Class A Common Stock on September 1, 2026
Class A shares acquired
6,977 shares
Shares received upon RSU vesting and settlement on September 1, 2026
Shares withheld for taxes
2,504 shares
Withheld to satisfy tax withholding obligations related to RSU vesting
Tax withholding price
$104.81 per share
Price used for the 2,504 shares withheld for tax obligations
RSUs granted
41,782 units
RSUs granted to Dara Bazzano on May 6, 2026 under the 2021 Plan
RSUs remaining from award
34,805 units
RSUs reported as held following the September 1, 2026 vesting transaction
Initial vesting percentage
16.7%
Portion of the RSU award vesting on September 1, 2026 and each of the next three dates
Later vesting percentage
8.3%
Portion of the RSU award vesting on each of four dates from September 1, 2027 through June 1, 2028
Key Terms
Restricted Stock Units, tax withholding obligations, 2021 Omnibus Incentive Plan, accelerated vesting
4 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") convert into Class A Common Stock"
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.
tax withholding obligations financial
"Represents shares withheld by Robinhood to satisfy tax withholding obligations"
2021 Omnibus Incentive Plan financial
"granted 41,782 RSUs under Robinhood's 2021 Omnibus Incentive Plan"
accelerated vesting financial
"subject to accelerated vesting in certain circumstances"
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
FAQ
What insider transaction did HOOD’s Chief Accounting Officer report on September 1, 2026?
Dara Bazzano reported the vesting and settlement of 6,977 RSUs, which converted into 6,977 shares of Robinhood Class A Common Stock, plus a related share withholding for taxes. The filing describes this as an exercise or conversion of a derivative security.
How many RSUs does HOOD’s Chief Accounting Officer still hold from this award?
After the September 1, 2026 vesting, Dara Bazzano holds 34,805 RSUs from the May 6, 2026 grant, according to the reported derivative holding balance. These RSUs are scheduled to continue vesting in tranches through June 1, 2028, subject to continued service and possible accelerated vesting.
What were the terms of the RSU grant reported for HOOD on May 6, 2026?
On May 6, 2026, Dara Bazzano was granted 41,782 RSUs under Robinhood’s 2021 Omnibus Incentive Plan. Approximately 16.7% vested on September 1, 2026, with further approximately 16.7% tranches on December 1, 2026, March 1, 2027 and June 1, 2027, then approximately 8.3% on four later dates.
Was a Rule 10b5-1 trading plan involved in this HOOD Form 4 filing?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan. The events reported are RSU vesting, share issuance, and tax withholding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
