Robinhood (HOOD) CFO Verma sells 5,436 shares in pre-planned stock transactions

Rhea-AI Filing Summary

Robinhood Markets, Inc. Chief Financial Officer Shiv Verma reported two open-market sales of Class A Common Stock. On May 15, 2026, he sold a total of 5,436 shares in separate transactions at weighted-average prices of $77.13 and $77.85 per share.

Both transactions are described as direct ownership sales and were carried out under a pre-arranged Rule 10b5-1 trading plan that Verma adopted on August 20, 2025. Following these sales, the filing shows direct holdings of 49,061 shares after one sale and 47,311 shares after the other.

Insights

Equity compensation and insider-trading analyst

CFO Verma executed pre-planned stock sales totaling 5,436 shares under a Rule 10b5-1 plan.

The filing shows two open-market sales of Robinhood Class A shares by CFO Shiv Verma on May 15, 2026, totaling 5,436 shares. Sale prices were around $77 per share, with weighted-average prices of $77.1292 and $77.85 reported.

A footnote states these trades occurred pursuant to a Rule 10b5-1 trading plan adopted on August 20, 2025. Such pre-arranged plans are commonly used to diversify or manage liquidity on a scheduled basis, reducing the signaling value of trade timing about management’s short-term outlook.

The transactions are pure sales of non-derivative common stock, with no option exercises or new grants reported in this filing. Post-transaction direct holdings are shown as 49,061 shares after one sale and 47,311 shares after the other, indicating Verma continues to hold a meaningful equity stake.

Insider Trade Summary 10b5-1

Net Seller: 5,436 shares ($420,536)

Net Sell 2 txns

Insider Verma Shiv

Role Chief Financial Officer

Sold 5,436 shs ($421K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,686	$77.1292	$284K
Sale	Class A Common Stock	1,750	$77.85	$136K

Holdings After Transaction: Class A Common Stock — 49,061 shares (Direct, null)

Footnotes (1)

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025. This transaction was executed in multiple trades during the day at prices ranging from $76.57 to $77.47. 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 in multiple trades during the day at prices ranging from $77.59 to $78.12. 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.

Key Figures

Total shares sold: 5,436 shares First sale size: 3,686 shares First sale price: $77.1292 per share +5 more

8 metrics

Total shares sold 5,436 shares Combined open-market sales on May 15, 2026

First sale size 3,686 shares Class A Common Stock, open-market sale

First sale price $77.1292 per share Weighted-average price for 3,686-share sale

Second sale size 1,750 shares Class A Common Stock, open-market sale

Second sale price $77.85 per share Weighted-average price for 1,750-share sale

Holdings after sales (line 1) 49,061 shares Directly owned Class A Common Stock after one reported sale

Holdings after sales (line 2) 47,311 shares Directly owned Class A Common Stock after other reported sale

10b5-1 plan adoption date August 20, 2025 Date CFO adopted Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 trading plan, open-market sale, weighted-average price, non-derivative, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"

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" and description "Sale in open market or private transaction""

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. The Reporting Person hereby undertakes to provide"

non-derivative financial

"transaction_type": "non-derivative" for Class A Common Stock entries"

direct ownership financial

"ownership_type": "direct" and ownership_code": "D" for these transactions"

Form 4 Insider Transactions: What Each Field Means →

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^*

Verma Shiv

(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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/15/2026		S(1)		3,686	D	$77.1292(2)	49,061	D
Class A Common Stock	05/15/2026		S(1)		1,750	D	$77.85(3)	47,311	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 20, 2025.

2. This transaction was executed in multiple trades during the day at prices ranging from $76.57 to $77.47. 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 $77.59 to $78.12. 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 Shiv Verma	05/19/2026
	** 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)

FAQ

What did Robinhood (HOOD) CFO Shiv Verma report in this Form 4?

CFO Shiv Verma reported selling Robinhood Class A shares in two open-market transactions. On May 15, 2026, he sold a combined 5,436 shares at weighted-average prices around $77 per share, with the filing detailing each sale’s share count and price.

How many Robinhood (HOOD) shares did the CFO sell and at what prices?

The CFO sold 5,436 Class A shares in total. One transaction covered 3,686 shares at a weighted-average price of $77.1292 per share; the other covered 1,750 shares at a weighted-average price of $77.85 per share, both executed on May 15, 2026.

Were the Robinhood (HOOD) CFO’s stock sales pre-planned under Rule 10b5-1?

Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted by Shiv Verma on August 20, 2025. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary, market-timed insider transactions.

What is the CFO’s reported Robinhood (HOOD) share ownership after these sales?

The Form 4 shows direct holdings of 49,061 shares following one sale line and 47,311 shares following the other. These figures reflect Verma’s remaining Robinhood Class A Common Stock directly owned after the reported May 15, 2026 open-market sales.

What type of transactions are disclosed in this Robinhood (HOOD) Form 4?

The filing reports non-derivative open-market sales of Class A Common Stock, coded as “S”. There are no option exercises, gifts, or tax-withholding entries. Both sales are described as direct ownership dispositions at specified weighted-average prices per share.

Does the Robinhood (HOOD) Form 4 mention multiple trade prices for the CFO’s sales?

Yes. Footnotes explain each reported weighted-average price reflects multiple trades executed that day within price ranges. One sale’s trades ranged from $76.57 to $77.47, and the other from $77.59 to $78.12, with full trade details available upon request.