[Form 4] Robinhood Markets, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Robinhood Markets, Inc. insider trading disclosure: Chief Legal Officer Daniel M. Gallagher, Jr., a reporting officer of Robinhood Markets, Inc. (HOOD), reported multiple open‑market sales of Class A common stock on 11/24/2025. The transactions, coded "S," were executed in several blocks, including 1,000 shares at a weighted-average price of $109.819, 1,600 shares at $111.0681, 600 shares at $112.2303, 2,200 shares at $112.9099, 2,500 shares at $114.0164, and 2,100 shares at $114.9992.

After these sales, Gallagher beneficially owned 530,949 shares of Class A common stock directly. The company notes that each price represents a weighted average from multiple trades within intraday price ranges, and Gallagher has agreed to provide full trade details to regulators, the issuer, or any security holder upon request. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on August 8, 2025.

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).

X

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^*

Gallagher Daniel Martin Jr

(Last) (First) (Middle)

C/O ROBINHOOD MARKETS, INC.

85 WILLOW ROAD

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

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 Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/24/2025		S(1)		1,000	D	$109.819(2)	539,949	D
Class A Common Stock	11/24/2025		S(1)		1,600	D	$111.0681(3)	538,349	D
Class A Common Stock	11/24/2025		S(1)		600	D	$112.2303(4)	537,749	D
Class A Common Stock	11/24/2025		S(1)		2,200	D	$112.9099(5)	535,549	D
Class A Common Stock	11/24/2025		S(1)		2,500	D	$114.0164(6)	533,049	D
Class A Common Stock	11/24/2025		S(1)		2,100	D	$114.9992(7)	530,949	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 8, 2025.

2. This transaction was executed in multiple trades during the day at prices ranging from $109.41 to $110.33. 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 in multiple trades during the day at prices ranging from $110.59 to $111.54. 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.

4. This transaction was executed in multiple trades during the day at prices ranging from $111.59 to $112.55. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $112.59 to $113.34. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $113.61 to $114.56. 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.

7. This transaction was executed in multiple trades during the day at prices ranging from $114.68 to $115.44. 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.

Remarks:

	/s/ Matthew Yorkavich, attorney-in-fact for Daniel M. Gallagher, Jr.	11/26/2025
	** 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.

FAQ

What insider transaction did Robinhood (HOOD) report for its Chief Legal Officer?

Robinhood reported that Chief Legal Officer Daniel M. Gallagher, Jr. sold multiple blocks of Class A common stock on 11/24/2025 in open‑market transactions coded as sales.

At what prices did the HOOD insider stock sales occur on November 24, 2025?

The reported weighted‑average sale prices for Gallagher’s trades included $109.819, $111.0681, $112.2303, $112.9099, $114.0164, and $114.9992, each reflecting multiple executions within specified intraday ranges.

How many Robinhood (HOOD) shares does Daniel Gallagher beneficially own after the reported transactions?

Following the reported sales on 11/24/2025, Daniel M. Gallagher, Jr. beneficially owned 530,949 shares of Robinhood Class A common stock directly.

Were the Robinhood (HOOD) insider sales made under a Rule 10b5-1 trading plan?

Yes. The transactions were effected pursuant to a Rule 10b5-1 trading plan that Gallagher adopted on August 8, 2025, as disclosed in the explanation of responses.

What additional trade details are available for the HOOD insider transactions?

For each sale line, the company notes that trades were executed in multiple lots within stated price ranges, and Gallagher has undertaken to provide full information on share counts and exact prices to the SEC staff, the issuer, or any security holder upon request.

What is Daniel Gallagher’s role and relationship to Robinhood (HOOD)?

Daniel M. Gallagher, Jr. is reported as an officer of Robinhood Markets, Inc., serving as Chief Legal Officer, and he files individually as one reporting person on this Form 4.