Robinhood (HOOD) awards 157,539 RSUs to Chief Brokerage Officer Quirk
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robinhood Markets, Inc. disclosed that Chief Brokerage Officer Steven M. Quirk received a grant of 157,539 restricted stock units (RSUs) that will convert into Class A Common Stock on a one-for-one basis upon vesting. One-sixteenth of the RSUs is scheduled to vest on June 1, 2026, with the remaining units vesting in fifteen equal quarterly installments, contingent on his continued service and subject to possible accelerated vesting in certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Quirk Steven M.
Role
Chief Brokerage Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 157,539 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 157,539 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. On March 19, 2026, the Reporting Person was granted 157,539 RSUs under the Robinhood Markets, Inc. ("Robinhood") 2021 Omnibus Incentive Plan. One-sixteenth (1/16) of these RSUs are scheduled to vest on June 1, 2026, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
FAQ
What did Robinhood (HOOD) disclose about Steven Quirk in this Form 4?
Robinhood reported that Chief Brokerage Officer Steven M. Quirk received 157,539 restricted stock units. These RSUs are a stock-based compensation award that will convert into Class A Common Stock as they vest over a defined multi-year schedule, subject to continued service.
How many RSUs did Robinhood (HOOD) grant to Steven Quirk?
Robinhood granted Steven Quirk 157,539 restricted stock units. This entire amount represents a new equity award, with all 157,539 RSUs reported as beneficially owned following the transaction, reflecting his position from this grant as disclosed in the Form 4 filing.
How do Steven Quirk’s RSUs at Robinhood (HOOD) vest over time?
One-sixteenth of Steven Quirk’s 157,539 RSUs is scheduled to vest on June 1, 2026. The remaining RSUs are scheduled to vest in fifteen equal quarterly installments thereafter, provided he continues to serve at Robinhood and subject to certain accelerated vesting conditions.
What does it mean that Robinhood (HOOD) RSUs convert into Class A Common Stock?
The RSUs granted to Steven Quirk convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. This means each vested RSU will deliver one share of Robinhood Class A Common Stock, aligning his compensation with the company’s equity performance over time.