Robinhood Executives Sell Shares Amidst Ongoing Stock Sales... Former CFO Disposes of Shares Worth 10 Billion Won

Jason Warnick, former Chief Financial Officer of U.S. online brokerage Robinhood Markets, Inc. (HOOD), disclosed that on February 9 he sold 125,000 shares of Class A common stock at approximately $85 per share under a pre-established Rule 10b5-1 trading plan, realizing roughly $10.64 million (about ₩14 billion). Even after this sale, he continues to hold 402,370 shares.

On January 26, Chief Technology Officer Jeffrey Chibi Piner sold a total of 5,864 shares across three transactions, generating approximately $626,000 (around ₩800 million). Then on February 3, Chief Legal Officer Daniel Gallagher disposed of 10,000 shares in six separate trades, netting about $878,000 (roughly ₩1.2 billion) and modestly trimming his stake.

All of these transactions were executed under previously established 10b5-1 plans, representing only minor reductions in insider holdings, the filings show.

Meanwhile, in its February 10 release of fourth-quarter and full-year 2025 results, Robinhood reported record annual revenue of $4.5 billion and diluted EPS of $2.05. However, fourth-quarter revenue of $1.28 billion fell short of analysts’ expectations, and a 38% decline in cryptocurrency trading revenue drove the stock down by about 8% in after-hours trading.

Growth in options and equities trading, interest income, and subscription services was offset by weakness in the crypto trading segment, which remains a key driver of transactional revenue and short-term share volatility.

Robinhood, which rose to prominence by offering U.S. retail investors commission-free trading in stocks, options, and cryptocurrencies, has been broadening its product suite—adding deposit accounts, credit cards, retirement solutions, prediction markets, and tokenized assets—to position itself as a “financial super-app.”