Robinhood officer reports 71,176 RSUs vesting
Robinhood’s Chief Brokerage Officer reported RSU vesting into Class A shares, with a portion withheld to cover tax obligations.
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Form Type
4
Rhea-AI Filing Summary
Robinhood Markets, Inc. (HOOD) reported that Chief Brokerage Officer Steven M. Quirk had 71,176 restricted stock units vest and convert into an equal number of shares of Class A Common Stock on September 1, 2026. Of these, 31,533 shares were withheld by Robinhood to satisfy tax withholding obligations, characterized as a payment of tax liability rather than an open‑market sale. The vesting relates to multiple RSU grants made between March 2023 and March 2026 under Robinhood’s 2021 Omnibus Incentive Plan.
Insider Trade Summary
71,176 shares exercised/converted
Exercise
6 txns
Insider
Quirk Steven M.
Role
Chief Brokerage Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 27,995 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 16,838 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 16,497 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F6 | 9,846 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 71,176 | -- | -- |
| Tax Withholding | Class A Common Stock F2 | 31,533 | $104.81 | $3.30M |
Holdings After Transaction:
Restricted Stock Units — 459,835 contracts (Direct);
Class A Common Stock — 102,255 shares (Direct)
Footnotes (6)
- 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 71,176 RSUs and does not represent a sale by the Reporting Person.
- F3. On March 22, 2023, the Reporting Person was granted 447,929 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-sixteenth (1/16) of these RSUs vested on June 1, 2023, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, 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.
- F4. On March 20, 2024, the Reporting Person was granted 269,397 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2024, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, 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.
- F5. On March 20, 2025, the Reporting Person was granted 263,954 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2025, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, 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.
- F6. On March 19, 2026, the Reporting Person was granted 157,539 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2026, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, 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 vested and converted: 71,176 shares
Shares withheld for tax: 31,533 shares
Reference price for tax withholding: $104.81 per share
+4 more
7 metrics
RSUs vested and converted
71,176 shares
Restricted stock units converting into Class A Common Stock on September 1, 2026
Shares withheld for tax
31,533 shares
Class A Common Stock withheld to satisfy tax withholding obligations on vesting
Reference price for tax withholding
$104.81 per share
Price applied to 31,533 withheld shares reported as payment of tax liability
RSU grant March 22, 2023
447,929 units
Grant under 2021 Omnibus Incentive Plan with 1/16 vesting June 1, 2023 and remaining quarterly
RSU grant March 20, 2024
269,397 units
Grant under 2021 Omnibus Incentive Plan with 1/16 vesting June 1, 2024 and remaining quarterly
RSU grant March 20, 2025
263,954 units
Grant under 2021 Omnibus Incentive Plan with 1/16 vesting June 1, 2025 and remaining quarterly
RSU grant March 19, 2026
157,539 units
Grant under 2021 Omnibus Incentive Plan with 1/16 vesting June 1, 2026 and remaining quarterly
Key Terms
Restricted Stock Units, Class A Common Stock, tax withholding obligations, 2021 Omnibus Incentive Plan
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.
Class A Common Stock financial
"convert into Class A Common Stock on a one-for-one basis"
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.
tax withholding obligations financial
"shares withheld by Robinhood to satisfy tax withholding obligations"
2021 Omnibus Incentive Plan financial
"RSUs under Robinhood's 2021 Omnibus Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HOOD’s Chief Brokerage Officer report on this Form 4?
Steven M. Quirk reported the vesting and settlement of 71,176 RSUs, which converted into an equal number of shares of Robinhood Class A Common Stock on September 1, 2026, arising from multiple prior RSU grants under the company’s 2021 Omnibus Incentive Plan.
Were the HOOD transactions in this Form 4 open-market sales or purchases?
No open-market sales or purchases are reported. The filing shows RSU conversions into Class A Common Stock and a withholding of shares to pay tax liabilities, which the company notes does not constitute a sale by Steven M. Quirk.
Do the reported HOOD RSUs convert into Class A Common Stock on a one-for-one basis?
Yes. The filing states that the restricted stock units convert into Class A Common Stock on a one-for-one basis upon vesting and settlement, so each vested RSU corresponds to one share of Class A Common Stock.
Are the HOOD transactions made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is marked in a way that indicates no Rule 10b5-1 trading plan is affirmed for these transactions, and the footnotes do not describe any pre-arranged trading plan.
What RSU grants to the HOOD Chief Brokerage Officer are referenced in the Form 4?
The Form 4 references RSU grants of 447,929 units in March 2023, 269,397 in March 2024, 263,954 in March 2025, and 157,539 in March 2026, each vesting one-sixteenth initially with the remainder vesting in 15 equal quarterly installments, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
