STOCK TITAN

Robinhood (HOOD) director Bhatt Baiju receives 124-share stock fee grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Robinhood Markets, Inc. [ HOOD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/30/2026A124A(1)3,703D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On June 30, 2026, the Reporting Person was automatically granted 124 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the June 30, 2026 closing price of $100.28 per share of Class A Common Stock, and these shares were fully vested upon grant.
Remarks:
/s/ Maureen Montgomery, attorney-in-fact for Baiju Bhatt07/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many Robinhood (HOOD) shares did Bhatt Baiju hold after this Form 4 grant?

After the grant, Bhatt Baiju directly held 3,703 shares of Robinhood Class A Common Stock. The 124-share award was fully vested immediately, increasing his direct ownership from the prior level reported before this compensation-related transaction.

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.

Are Bhatt Baiju’s newly granted Robinhood (HOOD) shares subject to vesting?

The 124 newly granted shares were fully vested upon grant. That means Baiju did not face a waiting period or service-based conditions, and the shares immediately became part of his 3,703 directly held Class A shares.