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Robinhood (HOOD) director gets 288-share grant in lieu of fees

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED 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).
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*
SEGAL SUSAN

(Last)(First)(Middle)
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock03/31/2026A288A(1)288D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On March 31, 2026, the Reporting Person was automatically granted 288 shares of Class A Common Stock 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 the Robinhood 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the March 31, 2026 closing price of $69.30 per share of Class A Common Stock, and these shares were fully vested upon grant. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) the termination of their service with Robinhood, (2) their death or disability, or (3) a change in control of Robinhood.
Remarks:
/s/ Matthew Yorkavich, attorney-in- fact for Susan L. Segal04/02/2026
** Signature of Reporting PersonDate
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)

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.

When will Susan Segal receive the Robinhood shares from this grant?

The shares are fully vested but delivery is deferred. Under her deferral election, vested shares will be delivered upon the earliest of her service termination with Robinhood, her death or disability, or a change in control of the company.

How many Robinhood shares does Susan Segal hold after this Form 4 transaction?

Following this transaction, Susan Segal directly holds 288 shares of Robinhood Class A Common Stock. This amount reflects the automatic grant reported and represents her direct ownership position as shown in the Form 4 data.

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.