Robinhood Markets, Inc. 4

CEO Vladimir Tenev converted and sold 375,000 Robinhood (HOOD) Class B shares into Class A under a 10b5-1 plan, generating roughly mid‑eight‑figure proceeds while retaining about 48.3 million Class A shares.

On July 6, 2026, Robinhood Markets, Inc. CEO Vladimir Tenev effected a large Rule 10b5-1–planned disposition in connection with the sale of 375,000 shares of Class B Common Stock that automatically converted into Class A Common Stock upon sale. The Form 4 shows a corresponding conversion entry of 375,000 Class B shares into Class A, followed by a series of same‑day open‑market sales of Class A Common Stock in multiple tranches (18,200 to 115,773 shares per tranche) at weighted‑average prices ranging from approximately $112.22 to $118.14 per share, ultimately reducing his directly held Class A balance in steps down to zero for that particular direct holding line. The filing also reflects 6,907 Class A shares held indirectly via a living trust and a much larger remaining economic interest of 37,500,000 Class A shares following a separate coded conversion transaction, bringing his total direct Class A holdings reported after the transactions to 48,294,572 shares. In aggregate, the July 6 plan sales of 375,000 shares at roughly $112–$118 per share represent proceeds on the order of $43–$44 million while still leaving Tenev with a substantial ownership stake in Robinhood.

Filing Facts

CIK

1783879

Ticker

HOOD

Form

4

Source Type

sec

Accession

0001871006-26-000006

Alert Tier

9