Robinhood director Malka converts awards to 822 shares
A September 30 director-fee award was fully vested at grant and based on Robinhood's $112.50 closing price.
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Form Type
4
Rhea-AI Filing Summary
Robinhood Markets, Inc. director Meyer Malka converted 822 restricted stock units into 822 Class A common shares on October 1, 2026; 2,467 RSUs remained after the conversion. The RSUs came from a 3,289-unit grant made June 2, 2026. One-fourth vested on October 1, with later installments subject to continued service and accelerated vesting in certain circumstances.
On September 30, 2026, Malka was automatically granted 144 fully vested shares in lieu of cash fees, based on a closing price of $112.50 per share. Reported indirect holdings included 3,924,427 shares held by Bullfrog Capital, L.P., 3,976,234 shares associated with the Aphrodite Trusts, Malka Trust, Tibbir Trust and Lassen Residential LLC, and 102,183 shares held by Tibbir Holdings LLC. Malka disclaimed beneficial ownership of these shares except to the extent of any pecuniary interest.
Insider Trade Summary
822 shares exercised/converted
Exercise
6 txns
Insider
Malka Meyer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F7, F2 | 822 | -- | -- |
| Exercise | Class A Common Stock F3, F2 | 822 | -- | -- |
| Grant/Award | Class A Common Stock F1, F2 | 144 | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
| holding | Class A Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,467 contracts (Direct);
Class A Common Stock — 2,940 shares (Direct);
Class A Common Stock — 3,924,427 shares (Indirect, By Fund);
Class A Common Stock — 3,976,234 shares (Indirect, By Trusts);
Class A Common Stock — 102,183 shares (Indirect, By LLC)
Footnotes (7)
- F1. On September 30, 2026, the Reporting Person was automatically granted 144 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 (the "2021 Plan"). This grant was made in lieu of cash fees, based on the September 30, 2026 closing price of $112.50 per share of Class A Common Stock, and these shares were fully vested upon grant.
- F2. The Reporting Person is the founder and managing partner of the Ribbit family of funds, and is contractually obligated to transfer and/or remit the proceeds of any sale of shares issued pursuant to stock awards or upon vesting and settlement of restricted stock units ("RSUs") to certain entities affiliated with such funds. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16") except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F3. RSUs convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- F4. Shares held by Bullfrog Capital, L.P. ("Bullfrog"), for itself and as nominee for Bullfrog Founder Fund, L.P. ("Bullfrog FF"). Bullfrog Capital GP, L.P. ("BF GP") is the general partner of Bullfrog and Bullfrog FF, and Bullfrog Capital GP, Ltd. ("BF UGP") is the general partner of BF GP. The Reporting Person is a director of BF UGP and disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F5. Represents (i) 325,411 shares held by each of the Aphrodite EM Trust, the Aphrodite MM Trust and the Aphrodite SM Trust (collectively, the "Aphrodite Trusts"), (ii) 2,000,000 shares held by the Malka Kleiner Revocable Trust dated July 16, 2012 (the "Malka Trust"), (iii) one share held by the Tibbir Trust and (iv) 1,000,000 shares held by Lassen Residential LLC, an entity controlled by the Malka Trust. The Reporting Person serves as trustee of the Malka Trust, and the Reporting Person's immediate family member serves as trustee of the Tibbir Trust and each of the Aphrodite Trusts. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F6. Shares held by Tibbir Holdings LLC, of which the Reporting Person serves as investment manager. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F7. On June 2, 2026, the Reporting Person was granted 3,289 RSUs under the Robinhood Markets, Inc. ("Robinhood") 2021 Omnibus Incentive Plan (the "2021 Plan"). One-fourth (1/4) of these RSUs vested on October 1, 2026, with the remainder scheduled to vest in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's next annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
Key Figures
RSUs converted: 822 RSUs
Class A shares received upon conversion: 822 shares
RSUs remaining after conversion: 2,467 RSUs
+5 more
8 metrics
RSUs converted
822 RSUs
October 1, 2026
Class A shares received upon conversion
822 shares
October 1, 2026
RSUs remaining after conversion
2,467 RSUs
After the October 1, 2026 conversion
RSU grant
3,289 RSUs
Granted June 2, 2026
Director-fee award
144 shares
Granted September 30, 2026, fully vested upon grant
Closing price used for director-fee award
$112.50 per share
September 30, 2026
Shares held by Bullfrog Capital, L.P.
3,924,427 shares
Indirect holding reported September 30, 2026
Shares held by Tibbir Holdings LLC
102,183 shares
Indirect holding reported September 30, 2026
Key Terms
Restricted Stock Units, vesting and settlement, Non-Employee Director Compensation Program, 2021 Omnibus Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"upon vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting and settlement financial
"upon vesting and settlement of restricted stock units"
Non-Employee Director Compensation Program financial
"under the Non-Employee Director Compensation Program"
2021 Omnibus Incentive Plan financial
"Robinhood's 2021 Omnibus Incentive Plan"
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the vesting terms for Meyer Malka's HOOD RSUs?
Of the 3,289 RSUs granted June 2, 2026, one-fourth vested on October 1, 2026. The remainder was scheduled to vest in three equal quarterly installments thereafter, with the final installment vesting no later than the day before Robinhood's next annual meeting of stockholders. Each installment was subject to continued service through its vesting date and to accelerated vesting in certain circumstances.
AI-generated analysis. How Rhea-AI works. Not financial advice.
