Robinhood Markets (NASDAQ: HOOD) sells 13,778 fund shares
Rhea-AI Filing Summary
Robinhood Markets, Inc. (HOOD), as a ten percent owner of Robinhood Ventures Fund I, reported open-market sales of an aggregate 13,778 Common Shares of Beneficial Interest in the fund on August 27–28, 2026. Reported per-share prices are weighted averages across multiple trades, and the issuer indicates these transactions were effected pursuant to a Rule 10b5-1 trading plan. Footnotes also note that total shares held are adjusted for a prior stock split completed immediately before the fund’s initial public offering.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 13,778 shares
Net Sell
3 txns
Insider
Robinhood Markets, Inc.
Role
10% Owner
Sold
13,778 shs ($373K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares of Beneficial Interest F4, F2 | 4,987 | $27.19 | $136K |
| Sale | Common Shares of Beneficial Interest F1, F2 | 7,279 | $26.87 | $196K |
| Sale | Common Shares of Beneficial Interest F3, F2 | 1,512 | $27.62 | $42K |
Holdings After Transaction:
Common Shares of Beneficial Interest — 12,988,564 shares (Direct)
Footnotes (4)
- F1. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $26.405 to $27.395. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
- F2. Total shares held reflects the stock split that was effective immediately before the completion of the initial public offering, which resulted in each share outstanding as of March 5, 2026 being classified into 1.0239 shares of beneficial interest.
- F3. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $27.415 to $27.78. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3).
- F4. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $27.03 to $27.57. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4).
Key Figures
Shares sold (total): 13,778 shares
Sale on 2026-08-27: 7,279 shares at $26.87 per share (weighted average)
Additional sale on 2026-08-27: 1,512 shares at $27.62 per share (weighted average)
+5 more
8 metrics
Shares sold (total)
13,778 shares
Aggregate non-derivative sales reported in this Form 4
Sale on 2026-08-27
7,279 shares at $26.87 per share (weighted average)
Common Shares of Beneficial Interest sold in multiple transactions
Additional sale on 2026-08-27
1,512 shares at $27.62 per share (weighted average)
Common Shares of Beneficial Interest sold in multiple transactions
Sale on 2026-08-28
4,987 shares at $27.19 per share (weighted average)
Common Shares of Beneficial Interest sold in multiple transactions
Price range for F1 transaction
$26.405 to $27.395 per share
Individual trade prices underlying the $26.87 weighted-average sale
Price range for F3 transaction
$27.415 to $27.78 per share
Individual trade prices underlying the $27.62 weighted-average sale
Price range for F4 transaction
$27.03 to $27.57 per share
Individual trade prices underlying the $27.19 weighted-average sale
Stock split ratio
1 share into 1.0239 shares of beneficial interest
Reclassification of each share outstanding as of March 5, 2026
Key Terms
weighted average sale price, stock split, initial public offering, shares of beneficial interest
4 terms
weighted average sale price financial
"This is the weighted average sale price. Shares were sold in multiple transactions"
stock split financial
"Total shares held reflects the stock split that was effective immediately before"
A stock split increases the number of a company's shares by dividing each existing share into multiple new shares while reducing the price per share by the same proportion, so an investor's total value and ownership percentage stay the same. It matters because lower per-share prices can make trading easier and attract more buyers, similar to breaking a large chocolate bar into smaller pieces to make it easier to share, which can boost liquidity and market interest.
initial public offering financial
"effective immediately before the completion of the initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
FAQ
What insider activity did Robinhood Markets, Inc. (HOOD) report in this Form 4?
Robinhood Markets, Inc. reported selling an aggregate 13,778 Common Shares of Beneficial Interest of Robinhood Ventures Fund I in open-market transactions on August 27–28, 2026, through three separate sale transactions at weighted-average prices.
What transaction did HOOD report on August 28, 2026?
On August 28, 2026, the reporting person sold 4,987 shares of Common Shares of Beneficial Interest at a weighted-average price of $27.19, with individual trades executed between $27.03 and $27.57 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.