Robinhood Markets, Inc. 4

What Happened

• Robinhood Ventures Fund I, reported as a 10% owner of Robinhood Markets, sold a total of 48,396 HOOD shares in open‑market/private sale transactions on June 5, 2026. The disposals broke down as: 17,050 shares @ $37.24 (≈ $634,942); 25,856 shares @ $38.06 (≈ $984,079); 990 shares @ $38.99 (≈ $38,600); 2,000 shares @ $40.83 (≈ $81,660); and 2,500 shares @ $42.56 (≈ $106,400). Total proceeds were approximately $1.85 million. These transactions are sales (code S), not purchases.

Key Details

• Transaction date: June 5, 2026 (filed on June 9, 2026 — within the Form 4 two‑business‑day window; filing appears timely).
• Individual trades and proceeds: see breakdown above; aggregate = 48,396 shares for ≈ $1,845,681.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: the reported prices are weighted averages with underlying trade price ranges:
  • F1: sales ranged $36.65–$37.64 (weighted avg reported).
  • F2: sales ranged $37.65–$38.55.
  • F3: sales ranged $38.70–$39.20.
  • F4: sales ranged $40.50–$41.07.
  • F5: total shares held figures reflect a March 5, 2026 stock split (1 → 1.0239). The filer offers to provide a per‑price breakdown on request.
• Reporting status: the filer is a 10% owner (institutional holder), not an executive; transaction code S = sale.

Context

• Sales by large holders can be routine rebalancing or liquidity management and do not necessarily indicate management sentiment. Because this filing is from a 10% owner (institutional holder) rather than an officer/director, treat it as institutional selling rather than insider executive trading.