Robinhood (HOOD) Form 4: CFO Warnick Disposes of 100k Shares

Rhea-AI Filing Summary

Jason Warnick, Chief Financial Officer of Robinhood Markets, Inc. (HOOD), reported the sale of 100,000 shares of Class A common stock on 08/15/2025. The transaction was executed in multiple trades at prices ranging from $108.88 to $112.58, with a weighted-average price of $110.929. After the sale, Warnick beneficially owned 510,258 shares. The Form 4 was signed on 08/19/2025 by an attorney-in-fact and includes an undertaking to provide trade-level details on request.

Insights

Financial Analyst

TL;DR: CFO sold ~100k HOOD shares worth roughly $11.1M at a weighted-average price of $110.93; post-sale holdings remain material.

The transaction represents a sizable, disclosed sale by a senior executive but does not indicate undisclosed derivative activity or options changes in this filing. The reduction leaves the CFO with 510,258 shares, which remains a meaningful ownership stake. For valuation context, the weighted-average sale price provides a concrete realized price level for part of the insider’s holdings. No purchase transactions or derivative amendments are reported here.

Corporate Governance Expert

TL;DR: The filing shows routine, compliant insider disposition with clear price range disclosure and offer to supply trade-level details.

The Form 4 properly discloses the sale date, aggregate amount sold, price range and weighted-average price and is signed by an attorney-in-fact. The filing includes the reporting person’s role as CFO, satisfying disclosure transparency for insider trading. There are no indications of Rule 10b5-1 plan designation or other planned-trade language in this document.

Insider Trade Summary

Net Seller: 100,000 shares ($11,092,900)

Net Sell 1 txn

Insider Warnick Jason

Role Chief Financial Officer

Sold 100,000 shs ($11.09M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	100,000	$110.929	$11.09M

Holdings After Transaction: Class A Common Stock — 510,258 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Warnick Jason

(Last) (First) (Middle)

C/O ROBINHOOD MARKETS, INC.

85 WILLOW ROAD

(Street)

MENLO PARK CA 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/15/2025		S		100,000	D	$110.929(1)	510,258	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades during the day at prices ranging from $108.88 to $112.58. 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/ Matthew Yorkavich, attorney-in-fact for Jason Warnick	08/19/2025
	** 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.

FAQ

What did Robinhood (HOOD) CFO Jason Warnick report on Form 4?

The Form 4 reports that CFO Jason Warnick sold 100,000 shares of Class A common stock on 08/15/2025.

At what prices were the HOOD shares sold?

The sales occurred at prices ranging from $108.88 to $112.58, with a weighted-average price of $110.929.

How many HOOD shares does the reporting person own after the sale?

After the reported transactions, the reporting person beneficially owned 510,258 shares.

When was the Form 4 signed and who signed it?

The Form 4 was signed on 08/19/2025 by Matthew Yorkavich, attorney-in-fact for Jason Warnick.

Did the filing indicate the trades were part of a 10b5-1 trading plan?

No; the Form 4 does not indicate that the transactions were made pursuant to a Rule 10b5-1 trading plan.