Robinhood Board Member Gets $100K+ Stock Package with 10-Year Lock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robinhood Markets (HOOD) director John William Hegeman received a new equity compensation grant on June 25, 2025, as disclosed in a Form 4 filing. The award consists of 3,202 Restricted Stock Units (RSUs) granted under the company's 2021 Omnibus Incentive Plan.
The RSUs will vest in quarterly installments with:
- 25% vesting on October 1, 2025
- Remaining 75% vesting in three equal quarterly installments
- Final installment to vest before Robinhood's 2026 annual meeting
Per Hegeman's deferral election, vested shares will only be delivered upon the earliest of: December 1, 2035, death/disability, or a change in control. The grant was made automatically as part of Robinhood's Non-Employee Director Compensation Program at the annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hegeman John William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,202 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,202 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. This RSU award represents the Reporting Person's annual grant pursuant to the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("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 Omnibus Incentive 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. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) 12/1/2035, (2) his death or disability, or (3) a change in control of Robinhood.
FAQ
How many Restricted Stock Units (RSUs) did HOOD director John Hegeman receive in June 2025?
John Hegeman received 3,202 Restricted Stock Units (RSUs) on June 25, 2025, as part of Robinhood's Non-Employee Director Compensation Program. These RSUs convert to Class A Common Stock on a one-for-one basis upon vesting.
What is the vesting schedule for HOOD director Hegeman's June 2025 RSU grant?
The RSUs vest in four installments: 25% (one-fourth) will vest on October 1, 2025, with the remaining RSUs vesting in three equal quarterly installments thereafter. The final installment will vest no later than the day before Robinhood's 2026 annual meeting of stockholders, subject to continued service.
What was the purchase price of HOOD RSUs granted to director Hegeman?
The Restricted Stock Units were granted at a price of $0, as indicated in the Form 4 filing under the 'Price of Derivative Security' column.