Robinhood (HOOD) director gets 288-share grant in lieu of fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SEGAL SUSAN reported acquisition or exercise transactions in this Form 4 filing.
Robinhood Markets, Inc. director Susan Segal received an automatic grant of 288 shares of Class A Common Stock on March 31, 2026 under the company’s Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan. The award was granted in lieu of quarterly cash director fees, based on the March 31, 2026 closing price of $69.30 per share, and was fully vested at grant. Delivery of the vested shares is deferred until her service ends, or upon death, disability, or a change in control of Robinhood.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SEGAL SUSAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 288 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 288 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 288 shares
Grant price reference: $69.30 per share
Shares owned after transaction: 288 shares
3 metrics
Shares granted
288 shares
Automatic grant of Class A Common Stock on March 31, 2026
Grant price reference
$69.30 per share
March 31, 2026 closing price used to calculate grant
Shares owned after transaction
288 shares
Total Class A shares directly held following the grant
Key Terms
Non-Employee Director Compensation Program, Robinhood 2021 Omnibus Incentive Plan, deferral election, change in control
4 terms
Non-Employee Director Compensation Program financial
"under the Non-Employee Director Compensation Program of Robinhood Markets, Inc."
Robinhood 2021 Omnibus Incentive Plan financial
"and the Robinhood 2021 Omnibus Incentive Plan."
deferral election financial
"Pursuant to a deferral election, vested shares will be delivered"
change in control financial
"or (3) a change in control of Robinhood."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did HOOD director Susan Segal report?
Director Susan Segal reported receiving 288 shares of Robinhood Class A Common Stock as an automatic grant. The award was made under the Non-Employee Director Compensation Program and the 2021 Omnibus Incentive Plan in lieu of quarterly cash director fees, fully vesting at grant.
Was the HOOD insider award a stock purchase or a compensation grant?
The transaction was a compensation grant, not a stock purchase. Susan Segal was automatically granted 288 fully vested Class A shares in lieu of her cash director fees under Robinhood’s Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan.
At what price was Susan Segal’s Robinhood stock grant calculated?
The stock grant was calculated using the March 31, 2026 closing price of $69.30 per share. That closing price determined how many Class A shares Susan Segal received instead of cash for her quarterly director fees.
Why did Robinhood grant stock instead of cash fees to its director?
Robinhood’s Non-Employee Director Compensation Program permits directors to elect stock instead of cash for quarterly fees. Susan Segal chose this option, receiving 288 fully vested Class A shares under the program and the 2021 Omnibus Incentive Plan in lieu of cash payments.