Robinhood Ventures Fund I (NYSE: RVI) holder Robinhood Markets trims stake

Rhea-AI Filing Summary

Robinhood Markets, Inc., a 10% owner of Robinhood Ventures Fund I (RVI), sold 42528 common shares of beneficial interest on August 3-4, 2026 in open-market or private transactions at weighted-average prices between $25.5300 and $28.9300 per share under a Rule 10b5-1 trading plan. A footnote states that total holdings reflect a stock split effective immediately before the initial public offering, in which each share outstanding as of March 5, 2026 was reclassified into 1.0239 shares of beneficial interest.

Insider Trade Summary 10b5-1

Net Seller: 42,528 shares

Net Sell 6 txns

Insider Robinhood Markets, Inc.

Role 10% Owner

Sold 42,528 shs ($1.17M)

Type	Security	Shares	Price	Value
Sale	Common Shares of Beneficial Interest F6, F2	11,943	$28.26	$338K
Sale	Common Shares of Beneficial Interest F7, F2	3,445	$28.93	$100K
Sale	Common Shares of Beneficial Interest F1, F2	6,398	$25.53	$163K
Sale	Common Shares of Beneficial Interest F3, F2	5,754	$26.52	$153K
Sale	Common Shares of Beneficial Interest F4, F2	12,647	$27.53	$348K
Sale	Common Shares of Beneficial Interest F5, F2	2,341	$28.22	$66K

Holdings After Transaction: Common Shares of Beneficial Interest — 13,111,470 shares (Direct)

Footnotes (7)

1. F1. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $25.00 to $25.98. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
2. F2. Total shares held reflects the stock split that was effective immediately before the completion of the initial public offering, which resulted in each share outstanding as of March 5, 2026 being classified into 1.0239 shares of beneficial interest.
3. F3. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $26.085 to $26.98. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3).
4. F4. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $27.115 to $28.03. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4).
5. F5. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $28.12 to $28.27. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5).
6. F6. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $27.77 to $28.75. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (6).
7. F7. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $28.765 to $29.45. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (7).

Key Figures

Total shares sold: 42528 shares Sale block on 2026-08-03: 6398 shares Weighted-average price example: $25.5300 per share +2 more

5 metrics

Total shares sold 42528 shares Aggregate common shares of beneficial interest sold on August 3-4, 2026

Sale block on 2026-08-03 6398 shares Common shares of beneficial interest sold on August 3, 2026 with weighted-average price per footnote (1)

Weighted-average price example $25.5300 per share Weighted-average sale price for a 6398-share block on August 3, 2026

Highest reported weighted-average price $28.9300 per share Weighted-average sale price for a 3445-share block on August 4, 2026

Stock split ratio 1.0239 shares of beneficial interest Each share outstanding as of March 5, 2026 reclassified before the initial public offering

Key Terms

weighted average sale price, stock split, initial public offering, shares of beneficial interest

4 terms

weighted average sale price financial

"This is the weighted average sale price. Shares were sold in multiple transactions..."

stock split financial

"Total shares held reflects the stock split that was effective immediately before the completion..."

A stock split increases the number of a company's shares by dividing each existing share into multiple new shares while reducing the price per share by the same proportion, so an investor's total value and ownership percentage stay the same. It matters because lower per-share prices can make trading easier and attract more buyers, similar to breaking a large chocolate bar into smaller pieces to make it easier to share, which can boost liquidity and market interest.

initial public offering regulatory

"stock split that was effective immediately before the completion of the initial public offering..."

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

shares of beneficial interest financial

"each share outstanding as of March 5, 2026 being classified into 1.0239 shares of beneficial interest"

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/05/2026 - 04:48 PM Accepted by SEC EDGAR 08/05/2026 - 04:47 PM Learn about SEC filing dates

FAQ

What did Robinhood Markets sell in Robinhood Ventures Fund I (RVI)?

Robinhood Markets sold 42528 common shares of beneficial interest in Robinhood Ventures Fund I over six sale transactions on August 3-4, 2026, according to the insider report, with all sales executed as open-market or private transactions at disclosed weighted-average prices.

On what dates did Robinhood Markets report RVI insider sales?

Robinhood Markets reported sales of Robinhood Ventures Fund I shares on August 3 and 4, 2026. The Form 4 lists multiple sale blocks on each date, with individual trades grouped into transactions carrying weighted-average prices and supplemented by detailed price ranges in the footnotes.

How many RVI shares did Robinhood Markets sell in total?

Across all reported transactions, Robinhood Markets sold 42528 common shares of beneficial interest in Robinhood Ventures Fund I. The transaction summary shows sellShares of 42528, reflecting the aggregate volume from six sale entries coded "S" for open-market or private dispositions.

Were the RVI share sales by Robinhood Markets under a Rule 10b5-1 plan?

The filing's Rule 10b5-1 checkbox is marked true, indicating the reported RVI share sales were effected under an affirmed trading plan. This means the transactions followed a pre-established schedule rather than being initiated discretionarily at the time of trade execution.

What price information is disclosed for the RVI insider sales?

The report lists weighted-average sale prices for each transaction block, such as $25.5300, $26.5200, $27.5300, $28.2200, $28.2600 and $28.9300 per share. Footnotes state individual trades occurred within ranges from $25.00 up to $29.45 per share over the two trading days.

What stock split affecting RVI holdings does the filing mention?

A footnote explains that total holdings for the reporting person reflect a stock split completed immediately before the initial public offering. Each share outstanding as of March 5, 2026 was reclassified into 1.0239 shares of beneficial interest in the fund.

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^*

Robinhood Markets, Inc.

(Last) (First) (Middle)

85 WILLOW ROAD

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Robinhood Ventures Fund I [ RVI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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
Common Shares of Beneficial Interest	08/03/2026		S		6,398	D	$25.53(1)	13,147,600(2)	D
Common Shares of Beneficial Interest	08/03/2026		S		5,754	D	$26.52(3)	13,141,846(2)	D
Common Shares of Beneficial Interest	08/03/2026		S		12,647	D	$27.53(4)	13,129,199(2)	D
Common Shares of Beneficial Interest	08/03/2026		S		2,341	D	$28.22(5)	13,126,858(2)	D
Common Shares of Beneficial Interest	08/04/2026		S		11,943	D	$28.26(6)	13,114,915(2)	D
Common Shares of Beneficial Interest	08/04/2026		S		3,445	D	$28.93(7)	13,111,470(2)	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 is the weighted average sale price. Shares were sold in multiple transactions at prices from $25.00 to $25.98. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).

2. Total shares held reflects the stock split that was effective immediately before the completion of the initial public offering, which resulted in each share outstanding as of March 5, 2026 being classified into 1.0239 shares of beneficial interest.

3. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $26.085 to $26.98. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3).

4. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $27.115 to $28.03. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4).

5. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $28.12 to $28.27. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5).

6. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $27.77 to $28.75. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (6).

7. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $28.765 to $29.45. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (7).

Remarks:

	Robinhood Markets, Inc., By: /s/ Manan Shah, Name: Manan Shah, Title: Treasurer	08/05/2026
	** 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)