Robinhood Markets, Inc. (HOOD) CEO gifts 87,770 converted shares
Rhea-AI Filing Summary
Robinhood Markets, Inc. Chief Executive Officer and director Vladimir Tenev reported a stock gift involving the company’s shares. On December 10, 2025, he donated 87,770 shares of Class B Common Stock, which automatically converted into the same number of Class A Common Stock shares upon execution of the donation. The filing describes this as a bona fide gift to a donor advised fund at a price of $0 per share.
After these transactions, Tenev held 49,419,572 derivative securities in the form of Class B Common Stock directly, and 6,907 shares of Class A Common Stock indirectly through a living trust, with no Class A shares held directly.
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FAQ
What insider transaction did Robinhood (HOOD) disclose in this filing?
The filing reports that Chief Executive Officer and director Vladimir Tenev donated 87,770 shares of Class B Common Stock, which automatically converted into 87,770 shares of Class A Common Stock on December 10, 2025, and were given as a bona fide gift to a donor advised fund.
How many Robinhood (HOOD) shares did Vladimir Tenev gift?
Tenev donated an aggregate of 87,770 shares of Class B Common Stock. Upon the donation, these shares automatically converted into 87,770 shares of Class A Common Stock, which were then gifted to a donor advised fund.
What was the reported price for the gifted Robinhood (HOOD) shares?
The gift of 87,770 shares of Class A Common Stock was reported at a price of $0 per share, consistent with its characterization as a bona fide gift rather than a sale.
What are Vladimir Tenev’s Robinhood (HOOD) holdings after the reported transactions?
Following the reported transactions, Vladimir Tenev beneficially owned 49,419,572 derivative securities in the form of Class B Common Stock directly, and 6,907 shares of Class A Common Stock indirectly through a living trust, with no Class A shares held directly.
What roles does the reporting person hold at Robinhood (HOOD)?
The reporting person, Vladimir Tenev, is identified as both a Director and an Officer of Robinhood Markets, Inc., serving as the company’s Chief Executive Officer.
What is the significance of the Class B to Class A conversion in Robinhood (HOOD)?
The filing explains that as part of the December 10, 2025 transactions, the donation of 87,770 shares of Class B Common Stock resulted in an automatic conversion of the same number of shares into Class A Common Stock upon execution of the donation, which were then gifted to a donor advised fund.