Earnings Feed
Start Free
Robinhood Markets, Inc.·4

May 27, 5:40 PM ET

Malka Meyer 4

Research Summary

AI-generated summary

Updated

Robinhood Director Malka Meyer Trades FLEX Put Options

What Happened
Malka Meyer, a director associated with Bullfrog Capital, reported derivative option transactions on Robinhood Markets, Inc. (HOOD) executed May 22, 2026. Through Bullfrog, she (i) sold 30,000 European-style listed FLEX put contracts with a $100 strike, (ii) purchased 30,000 FLEX put contracts with a $75 strike, and (iii) sold 30,000 FLEX put contracts with a $45 strike. The reported transaction price for each contract was $74.65. Each contract is physically settled and expires December 31, 2027. These were option hedging trades executed by Bullfrog (an investment vehicle), not direct purchases or sales of underlying shares by Meyer personally.

Key Details

  • Transaction date: May 22, 2026 (filed May 27, 2026). The filing was made 5 days after the trades (appears later than the SEC’s 2-business-day Form 4 deadline).
  • Contracts and strikes: sold 30,000 FLEX puts at $100; bought 30,000 FLEX puts at $75; sold 30,000 FLEX puts at $45.
  • Price: $74.65 per contract for each of the Contracts.
  • Expiration & settlement: contracts expire Dec 31, 2027 and are to be physically settled.
  • Ownership note: the Shares are held by Bullfrog Capital, L.P. (for itself and as nominee for Bullfrog Founder Fund, L.P.). Meyer is a director of the general partner and disclaims beneficial ownership except for any pecuniary interest. This report therefore reflects transactions by Bullfrog, not necessarily direct beneficial trades by Meyer.

Context

  • These are derivative hedging trades (FLEX puts), not ordinary open-market stock buys or sales. Selling a put generally creates an obligation to buy the underlying shares at the strike if exercised; buying a put gives the right to sell at the strike. The package here includes both sold and purchased puts across different strikes, consistent with a structured hedge.
  • Because the trades were executed by an investment vehicle (Bullfrog) and Meyer disclaims beneficial ownership, treat this as institutional/nominee activity rather than straightforward insider share trading.