Robinhood Co-Founder Bhatt Increases Stake Through Annual Director Compensation

Filing Impact

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Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Robinhood Markets (HOOD) Director Baiju Bhatt reported multiple restricted stock unit (RSU) transactions in this Form 4 filing. The key transactions include:

Settlement of 2,522 RSUs into Class A Common Stock on June 24, 2025, increasing direct ownership to 10,385 shares
Grant of 3,202 new RSUs on June 25, 2025, as part of the annual Non-Employee Director Compensation Program

The new RSUs will vest quarterly starting October 1, 2025, with 25% vesting initially and the remainder in three equal installments (final vesting before the 2026 annual meeting). The transactions were executed under Robinhood's 2021 Omnibus Incentive Plan, with vesting contingent on continued service and potential acceleration under certain circumstances. This filing indicates ongoing standard equity compensation practices for board members.

Insider Trade Summary

2,522 shares exercised/converted

Mixed 3 txns

Insider Bhatt Baiju

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	3,202	$0.00	--
Exercise	Restricted Stock Units	2,522	$0.00	--
Exercise	Class A Common Stock	2,522	$0.00	--

Holdings After Transaction: Restricted Stock Units — 3,202 shares (Direct); Class A Common Stock — 10,385 shares (Direct)

Footnotes (1)

Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. On June 26, 2024, the Reporting Person was granted 10,085 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, 2024, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2025 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 the Non-Employee Director Compensation Program of Robinhood and was granted automatically on the date of Robinhood's annual meeting of stockholders. On June 25, 2025, the Reporting Person was granted 3,202 RSUs under Robinhood's 2021 Plan. One-fourth (1/4) of these RSUs will vest on October 1, 2025, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest 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.

Form 4 Insider Transactions: What Each Field Means →

06/26/2025 - 05:03 PM

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).

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^*

Bhatt Baiju

(Last)

(First)

(Middle)

C/O ROBINHOOD MARKETS, INC.

85 WILLOW ROAD

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

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
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/24/2025		M		2,522	A	⁽¹⁾	10,385	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/24/2025		M			2,522	⁽²⁾	⁽²⁾	Class A Common Stock	2,522	$0	0	D
Restricted Stock Units	⁽¹⁾	06/25/2025		A⁽³⁾		3,202		⁽⁴⁾	⁽⁴⁾	Class A Common Stock	3,202	$0	3,202	D

Explanation of Responses:

1. Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.

2. On June 26, 2024, the Reporting Person was granted 10,085 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, 2024, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2025 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.

3. This RSU award represents the Reporting Person's annual grant pursuant to the Non-Employee Director Compensation Program of Robinhood and was granted automatically on the date of Robinhood's annual meeting of stockholders.

4. On June 25, 2025, the Reporting Person was granted 3,202 RSUs under Robinhood's 2021 Plan. One-fourth (1/4) of these RSUs will vest on October 1, 2025, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest 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.

Remarks:

	/s/ Brandon Webb, attorney-in-fact for Baiju Bhatt	06/26/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many Robinhood (HOOD) shares did Baiju Bhatt acquire on June 24, 2025?

According to the Form 4 filing, Baiju Bhatt acquired 2,522 shares of HOOD Class A Common Stock on June 24, 2025 through the conversion of Restricted Stock Units (RSUs).

What is Baiju Bhatt's total HOOD stock ownership after the June 24, 2025 transaction?

Following the reported transaction on June 24, 2025, Baiju Bhatt directly owned 10,385 shares of HOOD Class A Common Stock.

How many new RSUs did HOOD director Baiju Bhatt receive in the 2025 annual grant?

Bhatt received 3,202 new Restricted Stock Units (RSUs) on June 25, 2025, as part of Robinhood's Non-Employee Director Compensation Program, granted automatically at the company's annual meeting of stockholders.

What is the vesting schedule for Baiju Bhatt's new HOOD RSUs granted in June 2025?

The 3,202 RSUs granted on June 25, 2025, will vest in four parts: 25% will vest on October 1, 2025, with the remaining vesting in three equal quarterly installments thereafter (with final installment vesting no later than the day before Robinhood's 2026 annual meeting), subject to continued service.