Robinhood CLO sells 10,000 HOOD shares via 10b5-1
Robinhood Markets, Inc. Chief Legal Officer Daniel Martin Gallagher Jr. reported selling 10,000 shares of Class A Common Stock on May 4, 2026 in a series of open-market transactions.
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Form Type
4
Rhea-AI Filing Summary
Robinhood Markets, Inc. Chief Legal Officer Daniel Martin Gallagher Jr. reported selling 10,000 shares of Class A Common Stock on May 4, 2026 in a series of open-market transactions. The sales occurred at weighted-average prices ranging from about $74.82 to $78.05.
The filing notes these transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 8, 2025, indicating the sales were scheduled in advance rather than timed discretionarily. All transactions involved shares held directly by the reporting officer.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
4 txns
Insider
Gallagher Daniel Martin Jr
Role
Chief Legal Officer
Sold
10,000 shs ($769K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 200 | $75.265 | $15K |
| Sale | Class A Common Stock | 6,000 | $76.6312 | $460K |
| Sale | Class A Common Stock | 3,700 | $77.3682 | $286K |
| Sale | Class A Common Stock | 100 | $78.05 | $8K |
Holdings After Transaction:
Class A Common Stock — 432,849 shares (Direct)
Footnotes (5)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 8, 2025.
- F2. This transaction was executed in multiple trades during the day at prices ranging from $74.82 to $75.71. 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.
- F3. This transaction was executed in multiple trades during the day at prices ranging from $75.95 to $76.94. 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.
- F4. This transaction was executed in multiple trades during the day at prices ranging from $76.96 to $77.94. 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.
- F5. This transaction was executed during the day at the price of $78.05. 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
Shares sold: 10,000 shares
Sale price (highest reported): $78.05/share
Sale price (example tranche): $77.3682/share
+4 more
7 metrics
Shares sold
10,000 shares
Total Class A Common Stock sold on May 4, 2026
Sale price (highest reported)
$78.05/share
Weighted-average price for one sale tranche
Sale price (example tranche)
$77.3682/share
Weighted-average price for 3,700-share sale
Sale price (example tranche)
$76.6312/share
Weighted-average price for 6,000-share sale
Transaction count
4 sales
Non-derivative open-market sale transactions reported
Plan adoption date
August 8, 2025
Date Rule 10b5-1 trading plan was adopted
Transaction date
May 4, 2026
Date of all reported open-market sales
Key Terms
Rule 10b5-1 trading plan, weighted-average price, open-market sale, Class A Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title: "Class A Common Stock""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Robinhood (HOOD) disclose for Daniel Gallagher?
Robinhood disclosed that Chief Legal Officer Daniel Martin Gallagher Jr. sold 10,000 shares of Class A Common Stock in open-market transactions on May 4, 2026, according to a Form 4 insider trading report filed with the SEC.
Were the Robinhood (HOOD) insider sales under a Rule 10b5-1 trading plan?
Yes. A footnote states the transactions were made under a Rule 10b5-1 trading plan adopted on August 8, 2025. Such plans pre-schedule trades, indicating the timing was set in advance rather than chosen opportunistically.
Did the Robinhood (HOOD) insider sales involve derivatives or option exercises?
No. The reported transactions all involve non-derivative Class A Common Stock and are coded as open-market sales. The derivative summary section in the data is empty, indicating no option or other derivative exercises in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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