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Robinhood Ventures owner sells 4,355 shares at $26.66

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Robinhood Ventures Fund I (RVI) reports that its ten percent owner Robinhood Markets, Inc. sold 4,355 Common Shares of Beneficial Interest on August 31, 2026 in an open-market or private transaction under a Rule 10b5-1 trading plan, at a weighted average price of $26.66 per share. Following this sale, Robinhood Markets, Inc. held 12,984,209 common shares of beneficial interest, reflecting a prior stock split completed immediately before the initial public offering.

Positive

  • None.

Negative

  • None.
Insider Robinhood Markets, Inc.
Role 10% Owner
Sold 4,355 shs ($116K)
Type Security Shares Price Value
Sale Common Shares of Beneficial Interest F1, F2 4,355 $26.66 $116K
Holdings After Transaction: Common Shares of Beneficial Interest — 12,984,209 shares (Direct)
Footnotes (2)
  1. F1. This is the weighted average sale price. Shares were sold in multiple transactions at prices from $26.40 to $27.21. 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.
Shares sold 4,355 shares Common Shares of Beneficial Interest sold on August 31, 2026
Weighted average sale price $26.66 per share Sale of 4,355 shares on August 31, 2026; trades from $26.40 to $27.21
Post-transaction holdings 12,984,209 shares Common Shares of Beneficial Interest held by Robinhood Markets, Inc. after the sale
Stock split ratio 1.0239 shares of beneficial interest per prior share Each share outstanding as of March 5, 2026 was classified into 1.0239 shares
Transaction count 1 sale transaction Non-derivative open-market or private sale reported in this Form 4
Common Shares of Beneficial Interest financial
"security titled "Common Shares of Beneficial Interest" was sold"
Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.
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
"being classified into 1.0239 shares of beneficial interest"

FAQ

What insider transaction did RVI disclose in this Form 4?

RVI disclosed that Robinhood Markets, Inc., a ten percent owner, sold 4,355 Common Shares of Beneficial Interest on August 31, 2026 in a sale reported as an open-market or private transaction.

At what price were the RVI shares sold by Robinhood Markets, Inc.?

The shares were sold at a weighted average sale price of $26.66 per share, with individual trades executed in a price range from $26.40 to $27.21, as disclosed in the transaction footnote.

How many RVI shares does Robinhood Markets, Inc. own after this sale?

After the reported sale, Robinhood Markets, Inc. beneficially owned 12,984,209 Common Shares of Beneficial Interest of Robinhood Ventures Fund I, as reflected in the post-transaction holdings figure.

Was the RVI insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing indicates the sale was made under a Rule 10b5-1 trading plan, meaning the trades were executed pursuant to a pre-arranged trading arrangement rather than ad hoc discretionary timing.

What stock split information did Robinhood Ventures Fund I disclose in this Form 4?

The footnotes state 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 classified into 1.0239 shares of beneficial interest.

What type of security did Robinhood Markets, Inc. trade in this RVI filing?

The transaction involved Common Shares of Beneficial Interest of Robinhood Ventures Fund I, classified as a non-derivative security in the filing’s transaction table.

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

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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)
08/31/2026
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 Interest08/31/2026S4,355D$26.66(1)12,984,209(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 $26.40 to $27.21. 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.
Remarks:
Robinhood Markets, Inc., By: /s/ Manan Shah, Name: Manan Shah, Title: Treasurer09/02/2026
** 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)