Robinhood Tech Chief Reduces Stake Following Stock's Recent Rally

Rhea-AI Filing Summary

Robinhood Markets (HOOD) Chief Technology Officer Jeffrey Tsvi Pinner has executed a significant stock sale on June 20, 2025. The transaction details reveal:

• Disposed of 5,864 shares of Class A Common Stock
• Average sale price of $77.8243 per share (ranging from $76.02 to $79.13)
• Transaction value approximately $456,353
• Remaining direct ownership: 14,772 shares

The sale was executed through multiple trades and was conducted under a Rule 10b5-1 trading plan established on November 11, 2024. This type of plan allows insiders to sell shares at predetermined times to avoid accusations of insider trading. The transaction was reported via Form 4 filing on June 24, 2025, within the required reporting window.

Positive

• The stock price shows significant appreciation, with trades executed at prices ranging from $76.02 to $79.13, indicating strong market performance for Robinhood (HOOD)
• The transaction was executed according to a pre-planned Rule 10b5-1 trading plan established in November 2024, demonstrating proper corporate governance and compliance

Negative

• Chief Technology Officer Jeffrey Pinner sold 5,864 shares, reducing his direct ownership position to 14,772 shares, which could signal reduced insider confidence
• The size of the insider sale represents approximately 28% of the CTO's holdings (based on pre-transaction holdings of approximately 20,636 shares), which is a significant reduction in ownership

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^*

Pinner Jeffrey Tsvi

(Last) (First) (Middle)

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 Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

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	06/20/2025		S(1)		5,864	D	$77.8243(2)	14,772	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 November 11, 2024.

2. This transaction was executed in multiple trades during the day at prices ranging from $76.02 to $79.13. 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/ Brandon Webb, attorney-in-fact for Jeffrey Pinner	06/24/2025
	** 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

How many HOOD shares did CTO Jeffrey Pinner sell on June 20, 2025?

According to the Form 4 filing, Robinhood's CTO Jeffrey Pinner sold 5,864 shares of Class A Common Stock on June 20, 2025.

What was the price range of HOOD stock sales by Jeffrey Pinner?

The transactions were executed at prices ranging from $76.02 to $79.13 per share, with a weighted average price of $77.8243 per share.

How many HOOD shares does Jeffrey Pinner still own after the June 2025 sale?

Following the reported transaction, Jeffrey Pinner directly owns 14,772 shares of Robinhood (HOOD) Class A Common Stock.

Was HOOD CTO Jeffrey Pinner's stock sale planned in advance?

Yes, the sale was executed pursuant to a Rule 10b5-1 trading plan that was adopted by Pinner on November 11, 2024, approximately 7 months before the transaction.

What is Jeffrey Pinner's role at HOOD and where is he based?

Jeffrey Tsvi Pinner serves as the Chief Technology Officer (CTO) of Robinhood Markets, Inc. and is based in Menlo Park, California, with an address at 85 Willow Road, 94025.