Robinhood Markets (NASDAQ: HOOD) CBO sells 10,837 shares under 10b5-1 plan

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

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 ($931,024)

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 — 84,286 shares (Direct, null)

Footnotes (1)

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2025. 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. 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."

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.

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 04:34 PM

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^*

Quirk Steven M.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/03/2026		S⁽¹⁾		8,540	D	$85.7749⁽²⁾	84,286	D
Class A Common Stock	06/03/2026		S⁽¹⁾		2,297	D	$86.42⁽³⁾	81,989	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2025.

2. 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.

3. 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.

Remarks:

	/s/ Matthew Yorkavich, attorney-in-fact for Steven M. Quirk	06/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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.

How many Robinhood (HOOD) shares did Steven Quirk sell in each trade?

Steven Quirk sold 2,297 Class A common shares in one transaction and 8,540 shares in another, for a combined total of 10,837 shares. Both transactions involved open-market sales at prices in the mid-$80 range per share.

At what prices were Steven Quirk’s Robinhood (HOOD) shares sold?

One transaction used a weighted-average price of $86.42 per share, reflecting multiple trades between $85.58 and $86.51. The other transaction was executed at $85.7749 per share, according to the Form 4 disclosure footnotes.

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.

How many total shares did Steven Quirk sell of Robinhood (HOOD)?

Across the two reported transactions, Steven Quirk sold a total of 10,837 shares of Robinhood Class A common stock. The sales were executed on the same date and disclosed together in a single Form 4 filing.