Robinhood (HOOD) director Rubinstein receives 373-share stock grant as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RUBINSTEIN JONATHAN reported acquisition or exercise transactions in this Form 4 filing.
Robinhood Markets director Jonathan Rubinstein reported routine equity compensation and updated holdings. He was automatically granted 373 shares of Class A Common Stock on June 30, 2026 under Robinhood’s Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan, in lieu of cash fees, based on a closing price of $100.28 per share. These shares were fully vested upon grant and are held directly. A separate entry reflects 149,760 Class A shares held indirectly by a trust, following a prior transfer of 801 shares that changed only the form of ownership without altering his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RUBINSTEIN JONATHAN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 373 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 373 shares (Direct, null);
Class A Common Stock — 149,760 shares (Indirect, By Trust)
Footnotes (1)
- On June 30, 2026, the Reporting Person was automatically granted 373 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 (the "2021 Plan"). This grant was made in lieu of cash fees, based on the June 30, 2026 closing price of $100.28 per share of Class A Common Stock, and these shares were fully vested upon grant. Reflects the prior transfer of 801 shares of Class A Common Stock from the Reporting Person to a trust, which transfer effected only a change in the form of beneficial ownership and did not result in any change in the Reporting Person's pecuniary interest in such shares.
Key Figures
Director stock grant: 373 shares
Grant valuation price: $100.28 per share
Indirect trust holdings: 149,760 shares
+2 more
5 metrics
Director stock grant
373 shares
Automatic grant of Class A Common Stock on June 30, 2026
Grant valuation price
$100.28 per share
June 30, 2026 closing price used to calculate fees in stock
Indirect trust holdings
149,760 shares
Class A Common Stock held indirectly by trust after prior transfer
Direct holdings after grant
373 shares
Class A Common Stock held directly by Jonathan Rubinstein post-grant
Prior transfer to trust
801 shares
Transfer to trust changed ownership form, not pecuniary interest
Key Terms
Non-Employee Director Compensation Program, 2021 Omnibus Incentive Plan, pecuniary interest, Class A Common Stock
4 terms
Non-Employee Director Compensation Program financial
"the Reporting Person was automatically granted 373 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc."
2021 Omnibus Incentive Plan financial
"and Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan")."
pecuniary interest financial
"did not result in any change in the Reporting Person's pecuniary interest in such shares."
Class A Common Stock financial
"373 shares of Class A Common Stock under the Non-Employee Director Compensation Program"
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.
FAQ
What insider transaction did HOOD director Jonathan Rubinstein report?
Jonathan Rubinstein reported an automatic grant of 373 Class A shares. The shares were issued on June 30, 2026 as stock-based director fees, fully vested at grant, and recorded as direct ownership alongside existing indirect trust holdings.
Was Jonathan Rubinstein’s HOOD Form 4 transaction a market purchase or sale?
The Form 4 shows no market purchase or sale by Jonathan Rubinstein. Instead, he received 373 Class A shares as a grant in lieu of cash director fees, and reported holdings in a trust reflecting a prior internal transfer of shares.