STOCK TITAN

Robinhood Markets sells 16,361 RVI shares

Robinhood Ventures Fund I (RVI) reported that Robinhood Markets, Inc., a ten percent owner, sold common shares of beneficial interest in two open-market transactions under a Rule 10b5-1 trading plan.

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Robinhood Ventures Fund I (RVI) reported that Robinhood Markets, Inc., a ten percent owner, sold common shares of beneficial interest in two open-market transactions under a Rule 10b5-1 trading plan. On August 19, 2026 it sold 8,175 shares at a weighted average price with a range of $26.76–$27.50, and on August 20, 2026 it sold 8,186 shares at a weighted average price with a range of $26.70–$27.205. A prior stock split effective immediately before the initial public offering reclassified each share outstanding as of March 5, 2026 into 1.0239 shares of beneficial interest.

Positive

  • None.

Negative

  • None.
Insider Robinhood Markets, Inc.
Role 10% Owner
Sold 16,361 shs ($442K)
Type Security Shares Price Value
Sale Common Shares of Beneficial Interest F3, F2 8,186 $26.95 $221K
Sale Common Shares of Beneficial Interest F1, F2 8,175 $27.11 $222K
Holdings After Transaction: Common Shares of Beneficial Interest — 13,021,734 shares (Direct)
Footnotes (3)
  1. F1. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $26.76 to $27.50. 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 $26.70 to $27.205. 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).
Shares sold August 19, 2026 8,175 shares Common Shares of Beneficial Interest sold in open-market or private transactions
Price range August 19, 2026 $26.76–$27.50 per share Multiple transactions; weighted average sale price reported
Shares sold August 20, 2026 8,186 shares Common Shares of Beneficial Interest sold in open-market or private transactions
Price range August 20, 2026 $26.70–$27.205 per share Multiple transactions; weighted average sale price reported
Total shares sold 16,361 shares Net-sell total across both reported transactions
Stock split ratio 1.0239 shares of beneficial interest per prior share Reclassification of each share outstanding as of March 5, 2026
Rule 10b5-1 trading plan regulatory
"transactions were conducted under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"This is the weighted average sale price. Shares were sold in multiple"
initial public offering financial
"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
"classified into 1.0239 shares of beneficial interest"

FAQ

What insider transactions did RVI disclose in this Form 4?

The filing reports that Robinhood Markets, Inc. sold a total of 16,361 common shares of beneficial interest in Robinhood Ventures Fund I over August 19–20, 2026 in two open-market transactions, each reported with weighted average sale prices and price ranges.

How many RVI shares were sold on August 19, 2026 and at what prices?

On August 19, 2026, the reporting person sold 8,175 common shares of beneficial interest at a weighted average sale price, with individual trades executed at prices ranging from $26.76 to $27.50, as disclosed in the Form 4 footnote.

How many RVI shares were sold on August 20, 2026 and at what prices?

On August 20, 2026, the reporting person sold 8,186 common shares of beneficial interest at a weighted average sale price, with individual trades executed at prices ranging from $26.70 to $27.205, according to the Form 4 disclosure.

Were the RVI insider sales made under a Rule 10b5-1 plan?

Yes. The Form 4 indicates that the transactions were conducted under a Rule 10b5-1 trading plan, as reflected by the affirmative Rule 10b5-1 checkbox, meaning the trades were pre-arranged under that plan.

What stock split affecting RVI shares is mentioned in this Form 4?

The Form 4 notes a stock split that was effective immediately before the completion of the initial public offering, in which each share outstanding as of March 5, 2026 was reclassified into 1.0239 shares of beneficial interest.

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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)
08/19/2026
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 Interest08/19/2026S8,175D$27.11(1)13,029,920(2)D
Common Shares of Beneficial Interest08/20/2026S8,186D$26.95(3)13,021,734(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 $26.76 to $27.50. 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 $26.70 to $27.205. 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).
Remarks:
Robinhood Markets, Inc., By: /s/ Manan Shah, Name: Manan Shah, Title: Treasurer08/21/2026
** 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)