Former and Current CFOs of Robinhood Sell Shares Worth $10 Million

Robinhood Markets, Inc. (NASDAQ: HOOD) disclosed that former Chief Financial Officer Jason Warnick sold 125,000 shares of Class A common stock on February 9, 2026, at approximately $85 per share under a pre-established Rule 10b5-1 trading plan, generating about $10.6 million (roughly ₩14 billion). On February 3, Chief Legal Officer Daniel Gallagher executed an open-market sale of approximately 10,000 shares under his own Rule 10b5-1 plan, netting about $900,000 (around ₩1 billion), and on February 17, current CFO Shiv Verma sold around 5,000 shares, realizing about $400,000 (approximately ₩500 million). All three transactions were conducted under prearranged 10b5-1 plans, and filings indicate that each executive continues to hold substantial Class A stock positions. Currency conversions use an exchange rate of ₩1,350 per dollar.

On February 10, Robinhood reported fourth-quarter and full-year 2025 results, posting record annual revenue of $4.5 billion (about ₩6 trillion) and net income of $1.9 billion. Despite these milestones, quarterly revenue missed market expectations, sending the share price down by double digits immediately after the announcement. With digital-asset price adjustments and heightened volatility, Robinhood’s stock has fallen more than 30 percent from its peak during the roughly one-month period through early February.

A U.S. fintech broker that rose to prominence by offering commission-free stock, options, and cryptocurrency trading, Robinhood has expanded since its 2021 Nasdaq listing into deposits, cash-management services, and prediction markets, with management aiming to build a “financial super app.” Given its large retail-investor base, insider share transactions—especially amid crypto-market shifts—are closely watched by investors as indicators of the company’s outlook.