Robinhood CBO sells 10,837 shares via trading plan
Robinhood Markets, Inc. Chief Brokerage Officer Steven M. Quirk reported two open-market sales of Class A common stock.
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Form Type
4
Rhea-AI Filing Summary
Robinhood Markets, Inc. Chief Brokerage Officer Steven M. Quirk reported two open-market sales of Class A common stock. He sold 2,297 shares at a weighted-average price of about $86.42 and 8,540 shares at about $85.77, for a total of 10,837 shares sold. According to a footnote, these transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the officer, indicating they were scheduled in advance rather than timed discretionarily.
Insider Trade Summary 10b5-1
Net Seller: 10,837 shares
Net Sell
2 txns
Insider
Quirk Steven M.
Role
Chief Brokerage Officer
Sold
10,837 shs ($931K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,540 | $85.7749 | $733K |
| Sale | Class A Common Stock | 2,297 | $86.42 | $199K |
Holdings After Transaction:
Class A Common Stock — 81,989 shares (Direct)
Footnotes (3)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2025.
- F2. This transaction was executed in multiple trades during the day at prices ranging from $85.58 to $86.51. 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.
- F3. This transaction was executed during the day at the price 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.
Key Figures
Shares sold (first trade): 2,297 shares
Price per share (first trade): $86.42 per share
Shares sold (second trade): 8,540 shares
+2 more
5 metrics
Shares sold (first trade)
2,297 shares
Open-market sale of Class A Common Stock
Price per share (first trade)
$86.42 per share
Weighted-average price for first sale
Shares sold (second trade)
8,540 shares
Open-market sale of Class A Common Stock
Price per share (second trade)
$85.7749 per share
Execution price for second sale
Total shares sold
10,837 shares
Combined shares sold across both transactions
Key Terms
Rule 10b5-1 trading plan, open-market sale, weighted-average price, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted-average price financial
"The weighted-average price is reported above."
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
Class A Common Stock financial
"security_title": "Class A Common Stock""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Robinhood (HOOD) report for Steven Quirk?
Robinhood reported that Chief Brokerage Officer Steven M. Quirk sold a total of 10,837 Class A common shares in two open-market transactions, executed at prices in the mid-$80s per share, as disclosed in a recent Form 4 filing.
Was Steven Quirk’s Robinhood (HOOD) stock sale part of a trading plan?
Yes. A footnote states the sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Steven Quirk. Such plans pre-schedule trades, making the timing more routine and less indicative of short-term views on the stock.
What type of security did Steven Quirk sell in Robinhood (HOOD)?
Steven Quirk sold Robinhood Class A Common Stock in both reported transactions. These were non-derivative, open-market sales, meaning he directly sold existing shares rather than exercising options or other derivative securities, as reflected in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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