SEGAL SUSAN 4
Research Summary
AI-generated summary
Robinhood (HOOD) Director Susan Segal Receives RSU Award
What Happened
Susan Segal, a director of Robinhood Markets, received a grant of 3,289 restricted stock units (RSUs) on June 2, 2026. The award is reported as a derivative acquisition at $0.00. The RSUs convert one-for-one into Class A common stock upon vesting.
Key Details
- Transaction date: 2026-06-02 (Form 4 filed 2026-06-03, appears timely).
- Transaction type/code: Award/Grant (A), derivative RSUs.
- Shares granted: 3,289 RSUs; acquisition price: $0.00.
- Vesting schedule: 1/4 vests on Oct 1, 2026; remaining shares vest in three equal quarterly installments thereafter (final installment vests no later than the day before Robinhood’s 2027 annual meeting), subject to continued service and certain acceleration events.
- Delivery/deferral: Vested shares will be delivered per the reporting person's deferral election upon the earliest of (1) termination of service, (2) death or disability, or (3) a change in control.
- Plan and program: Award granted under Robinhood’s 2021 Omnibus Incentive Plan as the annual non-employee director grant.
- Shares owned after transaction: Not specified in the filing.
Context
RSU grants to non-employee directors are routine compensation and are different from open-market purchases or sales; they convert to common stock only upon vesting. This filing documents the grant and vesting/delivery terms but does not by itself indicate buying or selling activity in the market.