Robinhood director granted 283 shares as fees
Payne Christopher D reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Payne Christopher D reported acquisition or exercise transactions in this Form 4 filing.
Robinhood Markets director Christopher D. Payne was automatically granted 283 shares of Class A Common Stock on March 31, 2026. The award was made under Robinhood’s Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan in lieu of cash director fees, based on a closing price of $69.30 per share. These shares were fully vested at grant, but delivery is deferred until the earliest of January 1, 2035, his death or disability, or a change in control of Robinhood. Following this grant, Payne directly holds 293 shares and indirectly holds 26,500 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 283 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On March 31, 2026, the Reporting Person was automatically granted 283 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 Robinhood's 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) January 1, 2035, (2) their death or disability, or (3) a change in control of Robinhood.
Key Figures
Key Terms
Non-Employee Director Compensation Program financial
2021 Omnibus Incentive Plan financial
Class A Common Stock financial
deferral election financial
change in control financial
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