Robinhood Markets, Inc. 4

What Happened
Robinhood Ventures Fund I (reported as a 10% owner) disposed of 92,739 shares of Robinhood Markets, Inc. (HOOD) in multiple open‑market/private sale transactions on June 3–4, 2026. The sales occurred in six tranches with weighted‑average prices and proceeds shown below; total proceeds reported were $3,957,058. These were sales (dispositions), not purchases.

Key Details

• Transaction breakdown (date — shares @ weighted‑avg price — proceeds — footnote with price range):
  • 2026-06-03 — 4,243 @ $42.87 — $181,897 (F1: $42.50–$43.20)
  • 2026-06-03 — 1,491 @ $44.08 — $65,723 (F2: $43.50–$44.22)
  • 2026-06-03 — 6,642 @ $45.23 — $300,418 (F3: $44.50–$45.47)
  • 2026-06-03 — 10,756 @ $45.63 — $490,796 (F4: $45.495–$46.320)
  • 2026-06-04 — 53,407 @ $41.78 — $2,231,344 (F5: $41.25–$42.225)
  • 2026-06-04 — 16,200 @ $42.40 — $686,880 (F6: $42.25–$42.645)
• Total sold: 92,739 shares for $3,957,058.
• Filing: Form 4 filed 2026-06-05 covering trades on 2026-06-03 and 2026-06-04 — appears to be filed within the standard two‑business‑day window (timely).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Footnote F7: reported totals reflect a March 5, 2026 stock split (1 share → 1.0239 shares), which affects share counts shown.
• Transaction code: S = Sale (open market/private sale). Footnotes F1–F6 indicate weighted averages and give the specific price ranges across the multiple executions; the filer can provide per‑price details on request.

Context
This filing is from a 10% owner (an institutional holder), not an executive or director of Robinhood Markets; such disposals often reflect portfolio rebalancing or liquidity needs rather than insider knowledge. For retail investors, purchases by insiders can be a stronger signal than routine institutional sales; here, the activity simply documents sizeable dispositions across two trading days.