Robinhood Markets, Inc. SEC Filings

Robinhood Markets (HOOD) furnished its broker-dealer subsidiaries’ Rule 606(a) order routing reports for Q3 2025. The unaudited reports for Robinhood Financial LLC and Robinhood Securities, LLC detail routing of certain non-directed equity and options orders and present some payment for order flow, with RHS sharing PFOF with RHF under a revenue and cost allocation agreement.

These subsidiary 606 reports do not present consolidated results and are furnished, not filed, under the Exchange Act. Robinhood cites its Investor Relations Overview and Newsroom pages as Reg FD disclosure channels alongside SEC filings and public calls.

Robinhood Markets (HOOD): Form 4 insider transaction — The company’s Chief Technology Officer sold an aggregate of 5,864 shares of Class A common stock on 10/27/2025 pursuant to a Rule 10b5-1 trading plan adopted on November 11, 2024.

The sales were executed in multiple trades at weighted-average prices of $144.435, $145.4263, $146.7334, $147.5191, and $148.85, with intra-day trade ranges disclosed in the notes. Following these transactions, the reporting person directly beneficially owns 6,088 shares.

Robinhood Markets (HOOD) disclosed a Form 4 for director Baiju Bhatt. On October 21, 2025, the Baiju Bhatt Living Trust converted 418,338 shares of Class B Common Stock into Class A and sold those shares pursuant to a Rule 10b5-1 trading plan adopted on August 12, 2024.

Sales were executed in four tranches with weighted-average prices of $131.9634 for 127,568 shares, $132.8964 for 120,295 shares, $133.9842 for 130,819 shares, and $134.5243 for 39,656 shares, each completed through multiple trades within stated intraday ranges. Following these transactions, the Living Trust reported 0 Class A shares held indirectly and 49,012,514 Class B shares beneficially owned as a derivative position.

Jeffrey Tsvi Pinner, Chief Technology Officer of Robinhood Markets, Inc. (HOOD), reported sales of 5,864 Class A common shares executed on 10/06/2025. The trades were effected in multiple blocks at prices ranging from $144.25 to $153.10, with the filing reporting weighted-average prices for each block. The filing notes these sales were made under a pre-existing Rule 10b5-1 trading plan adopted on 11/11/2024, which provides an affirmative defense to insider trading claims when conditions are satisfied. Following these disposals, the reporting person’s beneficial ownership of Class A shares decreased to 11,952 shares.

Robinhood Markets, Inc. (HOOD) Chief Legal Officer Daniel M. Gallagher Jr. reported the sale of 25,000 shares of Class A common stock on 10/03/2025. The sales were executed under a Rule 10b5-1 trading plan adopted on 08/09/2024 and occurred in multiple intraday trades at prices ranging from $145.43 to $150.08. The filing lists weighted-average prices for each trade tranche and the Reporting Person undertakes to provide trade-level details to the SEC or holders upon request.

After these transactions the Reporting Person’s beneficial ownership of Class A common stock is reported as 565,949 shares. The Form 4 was signed by an attorney-in-fact on 10/07/2025. The filing is a routine insider-sale disclosure showing methodical disposal under a standing trading plan rather than ad hoc transactions.

The Vanguard Group reported beneficial ownership of 94,436,459 shares of Robinhood Markets Inc. (HOOD), representing 12.20% of the class, in a Schedule 13G/A filed for the reporting period ending 09/30/2025. Vanguard discloses it has no sole voting power, 4,547,474 shares of shared voting power, 87,149,074 shares of sole dispositive power, and 7,287,385 shares of shared dispositive power. The filing states these holdings are managed in the ordinary course of business for Vanguard clients and not for the purpose of changing control.

The filing is signed by Ashley Grim, Head of Global Fund Administration, and classifies Vanguard as an investment adviser (Type: IA). The document notes that no single client of Vanguard has more than 5% interest in the reported securities.

The filing is a Form 144 notice for Robinhood Markets, Inc. (symbol HOOD) reporting a proposed sale of 50,000 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $7,285,000. The shares were acquired as Restricted Stock Units on 11/01/2023. The filer discloses multiple recent sales by the same person, including four transactions between 08/01/2025 and 09/05/2025 totaling 320,000 shares with gross proceeds shown. The notice includes the standard representation that the seller attests to no undisclosed material adverse information and references reliance on Rule 10b5-1 for certain prior sales where indicated.

Robert B. Zoellick, a director of Robinhood Markets, Inc. (HOOD), reported on Form 4 that 800 restricted stock units (RSUs) vested and converted into 800 shares of Class A common stock on 10/01/2025. Following the vesting and settlement, the reporting person beneficially owns 99,648 shares of Class A common stock and 2,402 shares underlying previously reported RSUs, all held directly. The Form discloses the original grant of 3,202 RSUs on 06/25/2025, with one-fourth vesting on 10/01/2025 and the remainder scheduled to vest in three equal quarterly installments (final installment no later than the day before Robinhood's 2026 annual meeting), subject to continued service and customary acceleration provisions. The Form is signed by an attorney-in-fact on 10/02/2025.

Jonathan Rubinstein, a director of Robinhood Markets, Inc. (HOOD), reported non-derivative and derivative transactions tied to director compensation and prior transfers. On 09/30/2025 he was automatically granted 204 shares of Class A Common Stock under the Non-Employee Director Compensation Program in lieu of cash fees; those shares were fully vested upon grant. On 10/01/2025 800 restricted stock units converted into 800 shares upon vesting and settlement. Following the reported transactions, the Form 4 lists 1,004 shares beneficially owned directly and 188,104 shares beneficially owned indirectly through a trust (reflecting a prior transfer of 16,158 shares to that trust).