Robinhood Director Meyer Malka's Trust Donates $500K+ in Stock to Charity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robinhood Markets (HOOD) director Meyer Malka reported multiple securities transactions on Form 4. Key transactions include:
- Acquisition of 2,522 Class A Common Stock shares on June 24, 2025, through the conversion of Restricted Stock Units (RSUs)
- Disposition of 50,000 shares on June 12, 2025, as a gift to a donor-advised fund
- Receipt of new grant of 3,202 RSUs on June 25, 2025, under the 2021 Omnibus Incentive Plan
Following these transactions, Malka's beneficial ownership includes 6,854 shares held directly, and indirect ownership through various entities: 5,150,042 shares through trusts, 102,183 shares through LLC, and 3,235,585 shares through Bullfrog Capital funds. The RSUs vest quarterly with specific conditions tied to continued service and Robinhood's annual meeting schedule.
Positive
- None.
Negative
- Director Meyer Malka gifted 50,000 shares (worth approximately $500,000 based on recent market prices) to a donor-advised fund, reducing his indirect beneficial ownership
Insider Trade Summary
2,522 shares exercised/converted
Mixed
6 txns
Insider
Malka Meyer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,202 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,522 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,522 | $0.00 | -- |
| Gift | Class A Common Stock | 50,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,202 shares (Direct);
Class A Common Stock — 6,854 shares (Direct);
Class A Common Stock — 5,150,042 shares (Indirect, By Trusts)
Footnotes (1)
- Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. The Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer and/or remit the proceeds of any sale of shares issued pursuant to stock awards or upon vesting and settlement of RSUs to certain entities affiliated with such funds. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16") except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose. Represents a bona fide gift of 50,000 shares from the Malka Kleiner Revocable Trust dated July 16, 2012 (the "Malka Trust") to a donor-advised fund. Represents (i) 3,886,288 shares held directly by the Malka Trust, (ii) one share held by the Tibbir Trust and (iii) 421,251 shares held by each of the Aphrodite EM Trust, the Aphrodite MM Trust and the Aphrodite SM Trust (collectively, the "Aphrodite Trusts"). The Reporting Person serves as trustee of the Malka Trust, and the Reporting Person's immediate family member serves as trustee of the Tibbir Trust and each of the Aphrodite Trusts. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose. Shares held by Tibbir Holdings LLC, of which the Reporting Person serves as investment manager. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose. Shares held by Bullfrog Capital, L.P. ("Bullfrog"), for itself and as nominee for Bullfrog Founder Fund, L.P. ("Bullfrog FF"). Bullfrog Capital GP, L.P. ("BF GP") is the general partner of Bullfrog and Bullfrog FF, and Bullfrog Capital GP, Ltd. ("BF UGP") is the general partner of BF GP. The Reporting Person is a director BF UGP and disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose. On June 26, 2024, the Reporting Person was granted 10,085 RSUs under the Robinhood Markets, Inc. ("Robinhood") 2021 Omnibus Incentive Plan (the "2021 Plan"). One-fourth (1/4) of these RSUs vested on October 1, 2024, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment vested no later than the day before Robinhood's 2025 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. On June 25, 2025, the Reporting Person was granted 3,202 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs are scheduled to vest on October 1, 2025, with the remainder scheduled to vest in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's next 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.
FAQ
How many Robinhood (HOOD) RSUs were granted to Meyer Malka on June 25, 2025?
Meyer Malka was granted 3,202 Restricted Stock Units (RSUs) under Robinhood's 2021 Omnibus Incentive Plan on June 25, 2025. These RSUs vest quarterly starting October 1, 2025, with one-fourth vesting at that time.
What was the transaction price for HOOD RSUs that vested on June 24, 2025?
The Form 4 indicates that 2,522 RSUs converted to Class A Common Stock on June 24, 2025 at a price of $0, as these were RSUs vesting according to the predetermined schedule from a June 26, 2024 grant.