Robinhood Ventures Fund II lists director Verma
Robinhood Ventures Fund II (symbol RVII) filed an initial insider ownership report for Shiv Verma, who is identified as a director of the issuer.
Rhea-AI Filing Summary
Robinhood Ventures Fund II (symbol RVII) filed an initial insider ownership report for Shiv Verma, who is identified as a director of the issuer. The filing lists no reportable transactions or derivative positions at this time. Aaron Ellias signs on behalf of Shiv Verma under a power of attorney dated May 21, 2026.
Positive
- None.
Negative
- None.
Key Terms
Form 3, power of attorney, beneficial ownership
3 terms
Form 3 regulatory
"filed an initial insider ownership report for Shiv Verma"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
power of attorney regulatory
"signing on behalf of Shiv Verma pursuant to a power of attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
beneficial ownership financial
"initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does the RVII Form 3 filing report about Shiv Verma?
The Form 3 for RVII reports that Shiv Verma is a director of Robinhood Ventures Fund II. It serves as an initial statement of beneficial ownership and does not list any reportable securities transactions or derivative positions.
Are there any buy or sell transactions reported in the RVII Form 3?
No, the RVII Form 3 reports no buy or sell transactions. The transaction summary shows zero purchases, sales, exercises, gifts, or other dispositions, indicating only an initial insider reporting status for the director.
Who signed the RVII Form 3 and under what authority?
The RVII Form 3 is signed by Aaron Ellias on behalf of Shiv Verma. The filing states this is done under a power of attorney dated May 21, 2026, which is included as Exhibit 24 – Power of Attorney.
Does the RVII Form 3 mention a Rule 10b5-1 trading plan?
No Rule 10b5-1 trading plan is affirmed in the RVII Form 3. The document-level indicator for Rule 10b5-1 status is null, and there are no footnotes describing trades under such a plan, consistent with the absence of transactions.
What insider role is disclosed for Shiv Verma in the RVII filing?
The RVII filing identifies Shiv Verma as a director of Robinhood Ventures Fund II. The officer and ten percent owner boxes are not checked, so the insider status in this Form 3 is specifically tied to the director position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
