Director Michael Gallagher buys 4,000 Robinhood Ventures Fund I (RVI) shares

Rhea-AI Filing Summary

Robinhood Ventures Fund I director Michael Joseph Gallagher reported an open-market purchase of 4,000 Common Shares of Beneficial Interest on March 10, 2026 at a price of $22.74 per share. Following this transaction, he holds 4,000 shares directly.

Insider Trade Summary

Net Buyer: 4,000 shares ($90,960)

Net Buy 1 txn

Insider Gallagher Michael Joseph

Role Director

Bought 4,000 shs ($91K)

Type	Security	Shares	Price	Value
Purchase	Common Shares of Beneficial Interest	4,000	$22.74	$91K

Holdings After Transaction: Common Shares of Beneficial Interest — 4,000 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Gallagher Michael Joseph

(Last) (First) (Middle)

C/O ROBINHOOD VENTURES DE, LLC

85 WILLOW ROAD

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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
Common Shares of Beneficial Interest	03/10/2026		P		4,000	A	$22.74	4,000	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:

Remarks:

Aaron Ellias is signing on behalf of Michael Joseph Gallagher pursuant to a power of attorney dated January 21, 2026, which is filed herewith as Exhibit 24 - Power of Attorney.

	/s/ Aaron Ellias, on behalf of Michael Joseph Gallagher	03/10/2026
	** 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.

FAQ

What insider transaction did Robinhood Ventures Fund I (RVI) report?

Robinhood Ventures Fund I reported that director Michael Joseph Gallagher bought 4,000 Common Shares of Beneficial Interest. The purchase was an open-market transaction at a price of $22.74 per share, disclosed in a Form 4 insider filing.

How many Robinhood Ventures Fund I shares did Michael Joseph Gallagher buy?

Michael Joseph Gallagher purchased 4,000 Common Shares of Beneficial Interest in Robinhood Ventures Fund I. This open-market transaction increased his direct holdings to 4,000 shares, according to the Form 4 insider trading report filed for March 10, 2026.

At what price were the RVI shares purchased by the director?

The director bought the Robinhood Ventures Fund I shares at $22.74 per share. This price applied to all 4,000 Common Shares of Beneficial Interest acquired in the open-market transaction reported in the Form 4 dated March 10, 2026.

What is Michael Joseph Gallagher’s shareholding in RVI after the transaction?

After the transaction, Michael Joseph Gallagher directly owns 4,000 Common Shares of Beneficial Interest. The Form 4 filing shows total shares following the March 10, 2026 open-market purchase equals 4,000, indicating these are his current reported direct holdings.

Was the Robinhood Ventures Fund I transaction a buy or a sell?

The transaction was a buy. The Form 4 identifies it as an open-market purchase of 4,000 Common Shares of Beneficial Interest at $22.74 per share, with the transaction direction classified as a net-buy for Michael Joseph Gallagher.

Does the Form 4 for RVI include any derivative securities activity?

No derivative securities activity appears in this Form 4. The filing shows one non-derivative transaction, an open-market purchase of 4,000 Common Shares of Beneficial Interest, and the derivative summary section is empty with zero derivative transactions reported.