[Form 4] Robinhood Markets, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robinhood Markets, Inc.'s Chief Legal Officer Daniel Martin Gallagher Jr. reported routine equity compensation activity. On June 1, 2026, a total of 112,856 restricted stock units (RSUs) converted into Class A Common Stock as part of scheduled vesting under Robinhood's 2021 Omnibus Incentive Plan.
To cover related tax obligations, 54,309 shares were withheld by Robinhood at a reference price of $94.30 per share, which the filing specifies does not represent an open-market sale by Gallagher. Following these transactions, Gallagher directly holds 491,396 shares of Class A Common Stock. Multiple RSU grants made between 2023 and 2026 continue to vest in equal quarterly installments, conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
112,856 shares exercised/converted
Mixed
6 txns
Insider
Gallagher Daniel Martin Jr
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 66,489 | $0.00 | -- |
| Exercise | Restricted Stock Units | 24,414 | $0.00 | -- |
| Exercise | Restricted Stock Units | 13,748 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,205 | $0.00 | -- |
| Exercise | Class A Common Stock | 112,856 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 54,309 | $94.30 | $5.12M |
Holdings After Transaction:
Restricted Stock Units — 199,469 shares (Direct, null);
Class A Common Stock — 545,705 shares (Direct, null)
Footnotes (1)
- Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 112,856 RSUs and does not represent a sale by the Reporting Person. On March 22, 2023, the Reporting Person was granted 1,063,830 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-sixteenth (1/16) of these RSUs vested on June 1, 2023, 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. On March 20, 2024, the Reporting Person was granted 390,625 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2024, 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. On March 20, 2025, the Reporting Person was granted 219,962 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2025, 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. On March 19, 2026, the Reporting Person was granted 131,282 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested 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.
Key Figures
Shares withheld for taxes: 54,309 shares
Withholding reference price: $94.30/share
RSUs converted: 112,856 RSUs
+5 more
8 metrics
Shares withheld for taxes
54,309 shares
Class A Common Stock withheld at $94.30 per share
Withholding reference price
$94.30/share
Price used for tax withholding on June 1, 2026
RSUs converted
112,856 RSUs
RSUs that vested and settled into Class A Common Stock
Shares held after transactions
491,396 shares
Direct Class A Common Stock holdings after June 1, 2026
2023 RSU grant size
1,063,830 RSUs
Granted March 22, 2023 under 2021 Omnibus Incentive Plan
2024 RSU grant size
390,625 RSUs
Granted March 20, 2024 under 2021 Omnibus Incentive Plan
2025 RSU grant size
219,962 RSUs
Granted March 20, 2025 under 2021 Omnibus Incentive Plan
2026 RSU grant size
131,282 RSUs
Granted March 19, 2026 under 2021 Omnibus Incentive Plan
Key Terms
Restricted stock units ("RSUs"), tax withholding obligations, 2021 Omnibus Incentive Plan, vesting and settlement, +1 more
5 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"shares withheld by Robinhood Markets, Inc. to satisfy tax withholding obligations"
2021 Omnibus Incentive Plan financial
"the Reporting Person was granted RSUs under Robinhood's 2021 Omnibus Incentive Plan"
vesting and settlement financial
"in connection with the vesting and settlement of 112,856 RSUs"
equal quarterly installments financial
"with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter"
