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Robinhood Ventures Fund I (NYSE: RVI) insider sells 17,421 shares

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Robinhood Markets, Inc., a 10% owner of Robinhood Ventures Fund I, reported selling a total of 17,421 common shares of beneficial interest on August 5–6, 2026. The sales were open-market or private transactions at weighted average prices between about $27.22 and $28.05, with individual trade prices ranging from $26.59 to $28.34 as detailed in footnotes. The filing indicates the transactions were made under a Rule 10b5-1 trading plan, and notes that total shares held reflect a prior stock split in which each share outstanding as of March 5, 2026 was reclassified into 1.0239 shares of beneficial interest.

Positive

  • None.

Negative

  • None.
Insider Robinhood Markets, Inc.
Role 10% Owner
Sold 17,421 shs ($478K)
Type Security Shares Price Value
Sale Common Shares of Beneficial Interest F4, F2 5,108 $27.23 $139K
Sale Common Shares of Beneficial Interest F5, F2 4,135 $27.83 $115K
Sale Common Shares of Beneficial Interest F1, F2 7,163 $27.22 $195K
Sale Common Shares of Beneficial Interest F3, F2 1,015 $28.05 $28K
Holdings After Transaction: Common Shares of Beneficial Interest — 13,094,049 shares (Direct)
Footnotes (5)
  1. F1. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $26.945 to $27.89. 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 $27.975 to $28.34. 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 $26.59 to $27.57. 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 $27.60 to $28.14. 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).
Total shares sold 17,421 shares Aggregate common shares of beneficial interest sold on August 5–6, 2026
August 5, 2026 sale block 1 7,163 shares at $27.22 Weighted average sale price; individual trades from $26.945 to $27.89 per share
August 5, 2026 sale block 2 1,015 shares at $28.05 Weighted average sale price; individual trades from $27.975 to $28.34 per share
August 6, 2026 sale block 1 5,108 shares at $27.23 Weighted average sale price; individual trades from $26.59 to $27.57 per share
August 6, 2026 sale block 2 4,135 shares at $27.83 Weighted average sale price; individual trades from $27.60 to $28.14 per share
Stock split ratio 1.0239 shares per share Each share outstanding as of March 5, 2026 reclassified into 1.0239 shares of beneficial interest
weighted average sale price financial
"This is the weighted average sale price. Shares were sold in multiple transactions at prices from"
shares of beneficial interest financial
"which resulted in each share outstanding as of March 5, 2026 being classified into 1.0239 shares of beneficial interest."
stock split financial
"Total shares held reflects the stock split that was effective immediately before the completion of the initial public offering"
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 financial
"stock split that was effective immediately before the completion of the initial public offering, which resulted in each share"
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.

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FAQ

What insider activity did Robinhood Markets report in RVI on this Form 4?

Robinhood Markets reported selling 17,421 common shares of beneficial interest in Robinhood Ventures Fund I (RVI) on August 5–6, 2026. The sales were open-market or private transactions executed under a Rule 10b5-1 trading plan at various prices around the high-$20 range.

How many RVI shares did Robinhood Markets sell on August 5, 2026?

On August 5, 2026, Robinhood Markets sold 7,163 shares at a weighted average price of $27.22 and 1,015 shares at $28.05. Footnotes state these are weighted average sale prices with individual trades ranging from $26.945–$27.89 and $27.975–$28.34, respectively.

What RVI share sales occurred on August 6, 2026 by Robinhood Markets?

On August 6, 2026, Robinhood Markets sold 5,108 shares at a weighted average price of $27.23 and 4,135 shares at $27.83. Footnotes disclose trade price ranges of $26.59–$27.57 for the first block and $27.60–$28.14 for the second.

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

Yes. The Form 4 for Robinhood Ventures Fund I (RVI) indicates the transactions were effected under a Rule 10b5-1 trading plan. Such plans pre-establish trading parameters, which can reduce the informational value of the exact timing of these insider sales.

How does the RVI stock split described in the Form 4 affect share counts?

A footnote states that total shares held reflect a stock split effective immediately before the initial public offering. Each share outstanding as of March 5, 2026 was reclassified into 1.0239 shares of beneficial interest, affecting how post-split holdings are calculated.

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

Robinhood Markets sold Common Shares of Beneficial Interest of Robinhood Ventures Fund I (RVI). All four reported transactions involved this same security class, with sales executed in open-market or private transactions at various prices around $27–$28 per share.
SEC Form 4
FORM 4UNITED 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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares of Beneficial Interest08/05/2026S7,163D$27.22(1)13,104,307(2)D
Common Shares of Beneficial Interest08/05/2026S1,015D$28.05(3)13,103,292(2)D
Common Shares of Beneficial Interest08/06/2026S5,108D$27.23(4)13,098,184(2)D
Common Shares of Beneficial Interest08/06/2026S4,135D$27.83(5)13,094,049(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $26.945 to $27.89. 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 $27.975 to $28.34. 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 $26.59 to $27.57. 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 $27.60 to $28.14. 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).
Remarks:
Robinhood Markets, Inc., By: /s/ Manan Shah, Name: Manan Shah, Title: Treasurer08/07/2026
** Signature of Reporting PersonDate
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)