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Robinhood (HOOD) CFO executes 5,474-share stock sale under 10b5-1 plan

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Robinhood Markets, Inc. Chief Financial Officer Shiv Verma reported selling a total of 5,474 shares of Class A Common Stock in open-market transactions on February 17, 2026. The sales were executed in four tranches of 900, 1,160, 2,614 and 800 shares at reported weighted-average prices of $73.4440, $74.6655, $75.5436 and $76.3638 per share, respectively.

These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the executive on August 20, 2025. Following the reported sales, Verma directly owned 51,771 shares of Robinhood Class A Common Stock.

Positive

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Negative

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SEC Form 4
FORM 4 UNITED 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).
X
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*
Verma Shiv

(Last) (First) (Middle)
C/O ROBINHOOD MARKETS, INC.
85 WILLOW ROAD

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Robinhood Markets, Inc. [ HOOD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 02/17/2026 S(1) 900 D $73.444(2) 56,345 D
Class A Common Stock 02/17/2026 S(1) 1,160 D $74.6655(3) 55,185 D
Class A Common Stock 02/17/2026 S(1) 2,614 D $75.5436(4) 52,571 D
Class A Common Stock 02/17/2026 S(1) 800 D $76.3638(5) 51,771 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025.
2. This transaction was executed in multiple trades during the day at prices ranging from $73.08 to $74.00. The weighted-average price is 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.
3. This transaction was executed in multiple trades during the day at prices ranging from $74.13 to $75.02. The weighted-average price is 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.
4. This transaction was executed in multiple trades during the day at prices ranging from $75.18 to $76.11. The weighted-average price is 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.
5. This transaction was executed in multiple trades during the day at prices ranging from $76.18 to $76.50. The weighted-average price is 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.
Remarks:
/s/ Matthew Yorkavich, attorney-in- fact for Shiv Verma 02/19/2026
** Signature of Reporting Person Date
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.

FAQ

What did Robinhood (HOOD) CFO Shiv Verma report in this Form 4?

Robinhood CFO Shiv Verma reported selling 5,474 shares of Class A Common Stock in four open-market transactions on February 17, 2026. The filing details share amounts, weighted-average prices, and his remaining direct ownership after these trades.

How many Robinhood (HOOD) shares did the CFO sell and at what prices?

Shiv Verma sold 5,474 Class A shares in four blocks: 900, 1,160, 2,614 and 800 shares. Reported weighted-average prices were $73.4440, $74.6655, $75.5436 and $76.3638 per share, reflecting multiple trades throughout the trading day.

Was the Robinhood (HOOD) CFO sale made under a 10b5-1 trading plan?

Yes. The filing states these transactions were effected under a Rule 10b5-1 trading plan adopted by Shiv Verma on August 20, 2025. Such plans allow insiders to pre-schedule trades, helping separate personal trading from day-to-day corporate developments.

How many Robinhood (HOOD) shares does the CFO own after these transactions?

After the reported sales, Shiv Verma directly owned 51,771 shares of Robinhood Class A Common Stock. This post-transaction figure reflects his remaining direct holdings following the four open-market sales disclosed in the Form 4.

What type of transactions did Robinhood (HOOD) report for its CFO?

The filing shows four open-market sale transactions in Robinhood Class A Common Stock, all coded as “S” for sale. Each transaction is non-derivative, meaning it involves common shares rather than options or other derivative securities.

Why do the Robinhood (HOOD) Form 4 footnotes mention price ranges?

Each sale was executed in multiple trades throughout the day, so the filing reports a weighted-average price and footnotes list intraday price ranges. The CFO undertakes to provide full trade details to the SEC, the company, or shareholders upon request.
Robinhood Markets, Inc.

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