Robinhood (NASDAQ: HOOD) exec sells 19,377 shares in 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robinhood Markets, Inc. Chief Brokerage Officer Steven M. Quirk sold 19,377 shares of Class A Common Stock in an open-market transaction on July 2, 2026 at $119.96 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 19, 2025, and Quirk now holds 62,612 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 19,377 shares ($2,324,465)
Net Sell
1 txn
Insider
Quirk Steven M.
Role
Chief Brokerage Officer
Sold
19,377 shs ($2.32M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 19,377 | $119.96 | $2.32M |
Holdings After Transaction:
Class A Common Stock — 62,612 shares (Direct, null)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2025. This transaction was executed during the day at the price 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
Shares sold: 19,377 shares
Sale price per share: $119.96 per share
Shares held after transaction: 62,612 shares
+1 more
4 metrics
Shares sold
19,377 shares
Open-market sale of Class A Common Stock on July 2, 2026
Sale price per share
$119.96 per share
Execution price for the reported open-market transaction
Shares held after transaction
62,612 shares
Direct Class A Common Stock ownership following the sale
Net shares sold
19,377 shares
Net-sell direction from transaction summary
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock, Chief Brokerage Officer
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 November 19, 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.
open-market sale financial
"transaction_action: open-market sale of Class A Common Stock on July 2, 2026."
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.
Class A Common Stock financial
"security_title: Class A Common Stock involved in the 19,377-share sale."
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.
Chief Brokerage Officer financial
"Steven M. Quirk serves as Chief Brokerage Officer of Robinhood Markets, Inc."
FAQ
What insider transaction did HOOD executive Steven M. Quirk report?
Steven M. Quirk reported selling 19,377 Robinhood shares. He sold Class A Common Stock in an open-market transaction at $119.96 per share, reducing but not eliminating his direct stake, and now directly holds 62,612 shares after the reported sale.
What role does Steven M. Quirk hold at Robinhood (HOOD)?
Steven M. Quirk is Robinhood’s Chief Brokerage Officer. As a reporting officer, his trades in Robinhood Class A Common Stock are disclosed on Form 4, providing transparency into executive equity activity and post-transaction ownership levels.