Robinhood (HOOD) director Christopher Payne receives 236-share equity fee grant

Rhea-AI Filing Summary

Payne Christopher D reported acquisition or exercise transactions in this Form 4 filing.

Robinhood Markets director Christopher D. Payne reported an automatic stock grant and updated holdings. On June 30, 2026, he received 236 shares of Class A Common Stock as compensation under Robinhood’s Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan, in lieu of cash fees, based on a closing price of $100.28 per share. These shares were fully vested on grant but will be delivered later under a deferral election. Following the transaction, Payne directly holds 246 shares and indirectly holds 26,500 shares through a trust.

Insights

Equity compensation analyst

Routine director stock grant in lieu of cash fees, small relative to existing holdings.

Christopher D. Payne, a director of Robinhood Markets, Inc., received 236 shares of Class A Common Stock on June 30, 2026 as a grant under the Non-Employee Director Compensation Program and the 2021 Omnibus Incentive Plan. The grant represents quarterly director fees paid in equity rather than cash, based on a closing share price of $100.28.

The filing shows the grant was fully vested upon issuance, but actual delivery is deferred until the earliest of January 1, 2035, death or disability, or a change in control of Robinhood. Payne now reports 246 shares held directly and 26,500 shares held indirectly via a trust, indicating this equity award is modest relative to his overall reported holdings.

This pattern fits standard non-employee director compensation practices and does not indicate discretionary open-market buying or selling. It mainly updates investors on the structure and timing of Payne’s director fee compensation and his current direct and indirect ownership levels as of the grant date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Payne Christopher D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	236	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 246 shares (Direct); Class A Common Stock — 26,500 shares (Indirect, By Trust)

Footnotes (1)

1. [object Object]

Key Figures

Director stock grant: 236 shares Grant valuation price: $100.28 per share Direct holdings after grant: 246 shares +2 more

5 metrics

Director stock grant 236 shares Automatic Class A Common Stock grant on June 30, 2026

Grant valuation price $100.28 per share June 30, 2026 closing price used to calculate fees in stock

Direct holdings after grant 246 shares Class A Common Stock held directly by Christopher D. Payne

Indirect holdings via trust 26,500 shares Class A Common Stock held indirectly by trust

Deferral date January 1, 2035 Earliest scheduled delivery date for deferred vested shares

Key Terms

Non-Employee Director Compensation Program, 2021 Omnibus Incentive Plan, Class A Common Stock, change in control

4 terms

Non-Employee Director Compensation Program financial

"granted 236 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc."

2021 Omnibus Incentive Plan financial

"and Robinhood's 2021 Omnibus Incentive Plan."

Class A Common Stock financial

"granted 236 shares of Class A Common Stock under the Non-Employee Director Compensation Program"

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.

change in control financial

"upon the earliest to occur of (1) January 1, 2035, (2) their death or disability, or (3) a change in control of Robinhood."

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 05:16 PM Accepted by SEC EDGAR 07/02/2026 - 05:16 PM Learn about SEC filing dates

FAQ

What insider transaction did Christopher D. Payne report at Robinhood (HOOD)?

Christopher D. Payne reported receiving a grant of 236 shares of Robinhood Class A Common Stock on June 30, 2026. The shares were issued as director fee compensation under company plans and fully vested immediately, updating his direct and indirect ownership positions.

How many Robinhood (HOOD) shares did Christopher D. Payne receive and at what price?

He was granted 236 shares of Class A Common Stock, valued using the June 30, 2026 closing price of $100.28 per share. The grant represents quarterly director fees paid in stock instead of cash under Robinhood’s compensation program and 2021 Omnibus Incentive Plan.

Are Christopher D. Payne’s new Robinhood (HOOD) shares from this Form 4 fully vested?

Yes, the 236 shares of Class A Common Stock granted to Christopher D. Payne were fully vested upon grant. However, under his deferral election, the vested shares will be delivered at a later date based on specified triggering events described in the filing.

When will Christopher D. Payne receive the deferred Robinhood (HOOD) shares from this grant?

The vested shares will be delivered upon the earliest of January 1, 2035, his death or disability, or a change in control of Robinhood. This deferral structure affects timing of delivery but not vesting status of the 236-share grant reported.

What are Christopher D. Payne’s Robinhood (HOOD) share holdings after this Form 4?

After the reported grant, Christopher D. Payne holds 246 shares of Class A Common Stock directly and 26,500 shares indirectly through a trust. These figures show both his personal registered stake and additional holdings managed via the trust structure.

Is the Robinhood (HOOD) Form 4 for Christopher D. Payne an open-market trade?

No, the Form 4 reflects a grant of 236 shares as non-employee director compensation, not an open-market purchase or sale. The shares were issued at no cash cost to him, in lieu of quarterly director cash fees, under existing company compensation programs.

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^*

Payne Christopher D

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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	06/30/2026		A		236	A	(1)	246	D
Class A Common Stock								26,500	I	By Trust

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. On June 30, 2026, the Reporting Person was automatically granted 236 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. This grant was made in lieu of cash fees, based on the June 30, 2026 closing price of $100.28 per share of Class A Common Stock, and these shares were fully vested upon grant. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) January 1, 2035, (2) their death or disability, or (3) a change in control of Robinhood.

Remarks:

	/s/ Maureen Montgomery, attorney-in-fact for Christopher D. Payne	07/02/2026
	** 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)