Filing Details

Accession Number:
0001783879-24-000101
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-04-02 18:45:04
Reporting Period:
2024-04-01
Accepted Time:
2024-04-02 18:45:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1783879 Robinhood Markets Inc. HOOD Security Brokers, Dealers & Flotation Companies (6211) 464364776
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1871212 Jason Warnick C/O Robinhood Markets, Inc.
85 Willow Road
Menlo Park CA 94025
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-04-01 60,483 $0.00 1,031,980 No 4 M Direct
Class A Common Stock Disposition 2024-04-01 24,573 $16.33 1,007,407 No 4 F Direct
Class A Common Stock Disposition 2024-04-01 5,000 $19.59 1,002,407 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2024-04-01 20,161 $0.00 20,161 $0.00
Class A Common Stock Restricted Stock Units Disposition 2024-04-01 40,322 $0.00 40,322 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
60,484 2027-12-09 No 4 M Direct
120,968 2027-12-09 No 4 M Direct
Footnotes
  1. Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
  2. Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 60,483 RSUs and does not represent a sale by the Reporting Person.
  3. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 4, 2022.
  4. This transaction was executed in multiple trades during the day at prices ranging from $19.39 to $20.11. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
  5. On December 9, 2020, the Reporting Person was granted 322,580 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 Plan"). One-sixteenth (1/16) of these RSUs vested on April 1, 2021, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
  6. On December 9, 2020, the Reporting Person was granted 322,580 RSUs under the 2020 Plan. One-eighth (1/8) of these RSUs vested on April 1, 2023, with the remainder scheduled to vest in seven (7) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.