Robinhood (HOOD) director Bhatt Baiju receives 124-share stock fee grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bhatt Baiju reported acquisition or exercise transactions in this Form 4 filing.
Robinhood Markets director Bhatt Baiju received a stock grant instead of cash fees. On June 30, 2026, Baiju was automatically granted 124 shares of Class A Common Stock under Robinhood's Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan, based on the $100.28 closing price that day. The shares were fully vested upon grant and increased Baiju's direct holdings to 3,703 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bhatt Baiju
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 124 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 3,703 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 124 shares
Reference closing price: $100.28 per share
Shares after transaction: 3,703 shares
+1 more
4 metrics
Stock grant size
124 shares
Automatic grant of Class A Common Stock on June 30, 2026
Reference closing price
$100.28 per share
June 30, 2026 closing price used to calculate fee-equivalent shares
Shares after transaction
3,703 shares
Total Class A shares directly held by Bhatt Baiju after grant
Price paid per share
$0.00
Director received grant in lieu of cash fees, no purchase price
Key Terms
Non-Employee Director Compensation Program, 2021 Omnibus Incentive Plan, Class A Common Stock, fully vested upon grant
4 terms
Non-Employee Director Compensation Program financial
"granted 124 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."
Class A Common Stock financial
"124 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.
fully vested upon grant financial
"This grant was made in lieu of cash fees ... and these shares were fully vested upon grant."
FAQ
What insider transaction did Robinhood (HOOD) report for Bhatt Baiju?
Robinhood reported that director Bhatt Baiju received 124 shares of Class A Common Stock as an automatic grant. The award came under the Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan, in lieu of quarterly director cash fees.
Was the Robinhood (HOOD) Form 4 transaction a market buy or a compensation grant?
The transaction was a compensation-related stock grant, not a market purchase. Shares were automatically granted under the Non-Employee Director Compensation Program in lieu of cash fees, with no price paid by Baiju and full vesting at grant.
What price did Robinhood use to calculate Bhatt Baiju’s director stock fees?
Robinhood based the stock fee grant on the June 30, 2026 closing price of $100.28 per Class A share. This closing market price determined how many shares replaced Baiju’s quarterly director cash fees under the compensation program.