Robinhood Ventures Fund I (RVI) insider sells 19,776 common shares

Rhea-AI Filing Summary

Robinhood Markets, Inc., a ten percent owner of Robinhood Ventures Fund I, reported open-market sales of a total of 19,776 Common Shares of Beneficial Interest on July 14–15, 2026. Shares were sold in four tranches at weighted average prices of $29.94, $29.18, $28.69 and $27.65 per share, with underlying trades occurring within the price ranges noted in the footnotes. A footnote also explains that total shares held reflect a stock split effective immediately before 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.

Insider Trade Summary 10b5-1

Net Seller: 19,776 shares

Net Sell 4 txns

Insider Robinhood Markets, Inc.

Role 10% Owner

Sold 19,776 shs ($564K)

Type	Security	Shares	Price	Value
Sale	Common Shares of Beneficial Interest F4, F2	8,963	$27.65	$248K
Sale	Common Shares of Beneficial Interest F5, F2	748	$28.69	$21K
Sale	Common Shares of Beneficial Interest F1, F2	9,383	$29.18	$274K
Sale	Common Shares of Beneficial Interest F3, F2	682	$29.94	$20K

Holdings After Transaction: Common Shares of Beneficial Interest — 13,265,541 shares (Direct)

Footnotes (5)

1. F1. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $28.63 to $29.42. 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 $29.70 to $30.34. 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 $27.15 to $28.10. 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 $28.15 to $28.91. 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).

Key Figures

Aggregate shares sold: 19,776 shares Shares sold 2026-07-15 (tranche 1): 748 shares at $28.69 Shares sold 2026-07-15 (tranche 2): 8,963 shares at $27.65 +3 more

6 metrics

Aggregate shares sold 19,776 shares Total Common Shares of Beneficial Interest sold on July 14–15, 2026 by Robinhood Markets, Inc.

Shares sold 2026-07-15 (tranche 1) 748 shares at $28.69 Non-derivative open-market sale of Common Shares of Beneficial Interest on July 15, 2026

Shares sold 2026-07-15 (tranche 2) 8,963 shares at $27.65 Non-derivative open-market sale of Common Shares of Beneficial Interest on July 15, 2026

Shares sold 2026-07-14 (tranche 1) 682 shares at $29.94 Non-derivative open-market sale of Common Shares of Beneficial Interest on July 14, 2026

Shares sold 2026-07-14 (tranche 2) 9,383 shares at $29.18 Non-derivative open-market sale of Common Shares of Beneficial Interest on July 14, 2026

Stock split ratio 1.0239 shares per share Each share outstanding as of March 5, 2026 reclassified into 1.0239 shares of beneficial interest

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"

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

"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

"Common Shares of Beneficial Interest were sold in open-market transactions"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/16/2026 - 04:32 PM Accepted by SEC EDGAR 07/16/2026 - 04:32 PM Learn about SEC filing dates

FAQ

What insider activity did Robinhood Markets, Inc. report for Robinhood Ventures Fund I (RVI)?

Robinhood Markets, Inc. reported open-market sales totaling 19,776 Common Shares of Beneficial Interest of Robinhood Ventures Fund I on July 14–15, 2026. The shares were sold in four separate tranches at weighted average prices between $27.65 and $29.94 per share.

How many RVI shares were sold in this Robinhood Markets, Inc. Form 4 filing?

The disclosure shows Robinhood Markets, Inc. sold an aggregate 19,776 common shares of beneficial interest in Robinhood Ventures Fund I. This total comes from four non-derivative open-market sale transactions reported in the insider trading summary for the period covered.

At what prices did Robinhood Markets, Inc. sell RVI shares?

The reported weighted average prices were $29.94, $29.18, $28.69 and $27.65 per share. Footnotes add that individual trades occurred in price ranges from $27.15 to $30.34, and full price breakdowns are available on request to relevant parties.

What dates did the RVI insider sales by Robinhood Markets, Inc. occur on?

The common share sales occurred on July 14, 2026 and July 15, 2026. Two tranches were executed on each date, all classified as non-derivative open-market or private transaction sales of Common Shares of Beneficial Interest of Robinhood Ventures Fund I.

What does the RVI stock split footnote involving Robinhood Markets, Inc. describe?

A footnote explains that total RVI shares held by Robinhood Markets, Inc. reflect a stock split effective immediately before completion of the initial public offering. Each share outstanding as of March 5, 2026 was reclassified into 1.0239 shares of beneficial interest.

Were derivatives involved in Robinhood Markets, Inc.’s reported RVI transactions?

No derivative securities are reported in this disclosure; all activity involves non-derivative Common Shares of Beneficial Interest. The derivative transaction count in the transaction summary is zero, and there is no separate derivative position listed in the derivative summary.

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)
07/14/2026

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	07/14/2026		S		9,383	D	$29.18(1)	13,275,934(2)	D
Common Shares of Beneficial Interest	07/14/2026		S		682	D	$29.94(3)	13,275,252(2)	D
Common Shares of Beneficial Interest	07/15/2026		S		8,963	D	$27.65(4)	13,266,289(2)	D
Common Shares of Beneficial Interest	07/15/2026		S		748	D	$28.69(5)	13,265,541(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 $28.63 to $29.42. 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 $29.70 to $30.34. 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 $27.15 to $28.10. 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 $28.15 to $28.91. 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: Treasurer	07/16/2026
	** 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)