Robinhood Executives Sell Hundreds of Billions in Shares in February

Robinhood Markets, Inc. (HOOD) disclosed that in February its former and current chief financial officers and chief legal officer each executed sales of Class A common stock under 10b5-1 trading plans. Former CFO Jason Warnick sold 125,000 shares on February 9, generating approximately $10.64 million (about KRW 140 billion) while retaining a stake after the sale. Chief Legal Officer Daniel Gallagher Jr. sold roughly $878,000 (about KRW 1.2 billion) worth of shares on February 3, and incoming CFO Shiv Verma sold about $408,000 (about KRW 600 million) on February 17, each modestly reducing their holdings.

In its February 10 release of fourth-quarter and full-year 2025 results, Robinhood reported record quarterly revenue of $1.28 billion and sustained profitability. However, concerns over slowing cryptocurrency trading revenue and the outlook drove the stock to a double-digit decline around the earnings announcement, amplifying volatility. ()

Headquartered in Menlo Park, California, Robinhood is a fintech brokerage that grew rapidly during the meme-stock boom by offering commission-free trading in stocks, ETFs, options and cryptocurrency. () More recently, the company has been investing in prediction-market–based event contracts, building a derivatives-exchange business and expanding overseas—including into Europe. It has formed a joint venture with Susquehanna called Rodera to develop a regulatory-approved independent exchange and clearinghouse. ()