Robinhood CEO Vladimir Tenev Sells 240,834 Shares

The plan was adopted on September 5, 2025, and the reported post-transaction Class B holding was 47,794,572 shares.

Rhea-AI Filing Summary

Robinhood Markets, Inc. CEO Vladimir Tenev sold 240,834 shares on September 22, 2026. The shares automatically converted from Class B to Class A upon execution of the sale; the reported sales were 239,532 shares at a weighted-average price of $125.3282 and 1,302 shares at $126.1408. Both sales were made under a Rule 10b5-1 plan adopted September 5, 2025. The reported post-transaction Class B holding was 47,794,572 shares; 6,907 Class A shares were held indirectly through his living trust.

Insider Trade Summary 10b5-1

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider Tenev Vladimir

Role Chief Executive Officer

Sold 240,834 shs ($30.18M)

Approx. gross sale proceeds $30.18M

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock F1	240,834	$0.00	$0.00
Conversion	Class A Common Stock F1	240,834	--	--
Sale	Class A Common Stock F2, F3	239,532	$125.3282	$30.02M
Sale	Class A Common Stock F2, F4	1,302	$126.1408	$164K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 47,794,572 contracts (Direct); Class A Common Stock — 0 shares (Direct); Class A Common Stock — 6,907 shares (Indirect, By Living Trust)

Footnotes (4)

1. F1. As part of the transaction effected on September 22, 2026 pursuant to the Rule 10b5-1 trading plan adopted by the Reporting Person on September 5, 2025 ("Tenev 10b5-1 plan"), the Reporting Person sold 240,834 shares of his Class B Common Stock, resulting in an automatic conversion of the shares into Class A Common Stock upon execution of the sale.
2. F2. This transaction was effected pursuant to the Tenev 10b5-1 plan.
3. F3. This transaction was executed in multiple trades during the day at prices ranging from $125.05 to $126.01 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. F4. This transaction was executed in multiple trades during the day at prices ranging from $126.14 to $126.15 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.

Key Figures

Class B shares converted: 240,834 shares Class A shares sold and weighted-average price: 239,532 shares at $125.3282 per share Class A shares sold and weighted-average price: 1,302 shares at $126.1408 per share +2 more

5 metrics

Class B shares converted 240,834 shares Automatically converted into Class A shares upon sale on September 22, 2026

Class A shares sold and weighted-average price 239,532 shares at $125.3282 per share September 22, 2026

Class A shares sold and weighted-average price 1,302 shares at $126.1408 per share September 22, 2026

Class B shares following transaction 47,794,572 shares Reported following the September 22, 2026 transaction

Class A shares held indirectly through living trust 6,907 shares Reported on September 22, 2026

Key Terms

Rule 10b5-1 trading plan, weighted-average price, automatic conversion

3 terms

Rule 10b5-1 trading plan regulatory

"pursuant to the Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted-average price financial

"The weighted-average price is reported above"

Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.

automatic conversion technical

"resulting in an automatic conversion of the shares into Class A Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many HOOD shares did CEO Vladimir Tenev sell, and at what prices?

On September 22, 2026, Vladimir Tenev sold 239,532 Class A shares at a weighted-average price of $125.3282 and 1,302 shares at $126.1408. The respective execution price ranges were $125.05 to $126.01 and $126.14 to $126.15.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/24/2026 - 04:33 PM Accepted by SEC EDGAR 09/24/2026 - 04:33 PM Learn about SEC filing dates

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^*

Tenev Vladimir

(Last) (First) (Middle)

C/O ROBINHOOD MARKETS, INC.

85 WILLOW ROAD

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Robinhood Markets, Inc. [ HOOD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	09/22/2026		C		240,834	A	(1)	240,834	D
Class A Common Stock	09/22/2026		S(2)		239,532	D	$125.3282(3)	1,302	D
Class A Common Stock	09/22/2026		S(2)		1,302	D	$126.1408(4)	0	D
Class A Common Stock								6,907	I	By Living Trust

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
Class B Common Stock	(1)	09/22/2026		C			240,834	(1)	(1)	Class A Common Stock	240,834	$0	47,794,572	D

Explanation of Responses:

1. As part of the transaction effected on September 22, 2026 pursuant to the Rule 10b5-1 trading plan adopted by the Reporting Person on September 5, 2025 ("Tenev 10b5-1 plan"), the Reporting Person sold 240,834 shares of his Class B Common Stock, resulting in an automatic conversion of the shares into Class A Common Stock upon execution of the sale.

2. This transaction was effected pursuant to the Tenev 10b5-1 plan.

3. This transaction was executed in multiple trades during the day at prices ranging from $125.05 to $126.01 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 $126.14 to $126.15 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/ Maureen Montgomery, attorney-in-fact for Vladimir Tenev	09/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)