Robinhood (HOOD) director-linked funds buy 181K shares and receive new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Funds affiliated with Robinhood director Malka Meyer increased their position in Robinhood Markets, Inc. Class A Common Stock. On June 3, 2026, Bullfrog Capital, L.P. and related funds purchased 181,000 Class A shares at a weighted average price of $83.4467 per share, bringing their reported holdings to 3,674,427 shares.
Meyer also had 801 restricted stock units convert into 801 Class A shares on June 1, 2026, resulting in 1,812 directly held shares. On June 2, 2026, he received a new grant of 3,289 restricted stock units under Robinhood’s 2021 Omnibus Incentive Plan as his annual non-employee director award. Many of the reported holdings are owned through funds, trusts, and LLCs, and Meyer disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 181,000 shares ($15,103,853)
Net Buy
6 txns
Insider
Malka Meyer
Role
null
Bought
181,000 shs ($15.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 181,000 | $83.4467 | $15.10M |
| Grant/Award | Restricted Stock Units | 3,289 | $0.00 | -- |
| Exercise | Restricted Stock Units | 801 | $0.00 | -- |
| Exercise | Class A Common Stock | 801 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,674,427 shares (Indirect, By Fund);
Restricted Stock Units — 3,289 shares (Direct, null);
Class A Common Stock — 1,812 shares (Direct, null)
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 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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $83.24 to $83.63, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range. 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. Represents (i) 325,411 shares held by each of the Aphrodite EM Trust, the Aphrodite MM Trust and the Aphrodite SM Trust (collectively, the "Aphrodite Trusts"), (ii) 2,000,000 shares held by the Malka Kleiner Revocable Trust dated July 16, 2012 (the "Malka Trust"), (iii) one share held by the Tibbir Trust and (iv) 1,000,000 shares held by Lassen Residential LLC, an entity controlled by the Malka Trust. 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. On June 25, 2025, the Reporting Person was granted 3,202 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, 2025, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment vested no later than the day before Robinhood's 2026 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. This RSU award represents the Reporting Person's annual grant pursuant to Robinhood's Non-Employee Director Compensation Program and was granted automatically on the date of Robinhood's annual meeting of stockholders. On June 2, 2026, the Reporting Person was granted 3,289 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs are scheduled to vest on October 1, 2026, 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.
Key Figures
Open-market purchase: 181,000 shares
Purchase price: $83.4467 per share
Fund holdings after purchase: 3,674,427 shares
+4 more
7 metrics
Open-market purchase
181,000 shares
Class A Common Stock bought June 3, 2026 by affiliated funds
Purchase price
$83.4467 per share
Weighted average price for 181,000 Class A shares
Fund holdings after purchase
3,674,427 shares
Class A Common Stock held by Bullfrog Capital entities
New RSU grant
3,289 RSUs
Granted June 2, 2026 under 2021 Omnibus Incentive Plan
RSUs converted
801 RSUs
Exercised into 801 Class A shares on June 1, 2026
Direct shares after conversion
1,812 shares
Direct Class A Common Stock holdings following RSU settlement
New RSU holdings
3,289 RSUs
Total RSUs held directly after June 2, 2026 grant
Key Terms
Restricted Stock Units, Section 16, pecuniary interest, weighted average price, +2 more
6 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement."
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.
Section 16 regulatory
"The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16")..."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
pecuniary interest financial
"...except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission..."
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Non-Employee Director Compensation Program financial
"This RSU award represents the Reporting Person's annual grant pursuant to Robinhood's Non-Employee Director Compensation Program..."
2021 Omnibus Incentive Plan financial
"On June 2, 2026, the Reporting Person was granted 3,289 RSUs under the 2021 Plan."
FAQ
What insider transactions did Robinhood (HOOD) report for director Malka Meyer?
Robinhood (HOOD) reported several insider-related transactions involving director Malka Meyer. Funds he is associated with bought 181,000 Class A shares, he received 3,289 new RSUs, and 801 RSUs vested into 801 shares, modestly increasing his direct and indirect exposure.
What are Malka Meyer’s indirect holdings in Robinhood (HOOD) after these transactions?
After these transactions, funds associated with Malka Meyer reported holding 3,674,427 shares. Additional indirect holdings are reported through various trusts and LLCs. Meyer disclaims beneficial ownership of these shares except to the extent of any pecuniary interest, as detailed in the footnotes.
What new restricted stock units did Malka Meyer receive from Robinhood (HOOD)?
On June 2, 2026, Malka Meyer received 3,289 restricted stock units (RSUs). The RSUs were granted under Robinhood’s 2021 Omnibus Incentive Plan as his annual non-employee director award and are scheduled to vest quarterly, subject to continued service and certain acceleration conditions.