Malka Meyer 4
4 · Robinhood Markets, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) Director Malka Meyer Buys 249,000 Shares
What Happened
- Malka Meyer, a director of Robinhood Markets, purchased 249,000 shares on May 28, 2026 in an open-market transaction. The reported weighted-average price was $80.39 per share, for a total transaction value of approximately $20,018,206. The filing identifies the purchase as a "P" (purchase).
Key Details
- Transaction date and price: May 28, 2026; weighted-average price $80.39 (individual trades ranged $80.05–$80.68). (Footnote F1: reporting person can provide per-price breakdown on request.)
- Shares acquired: 249,000; total value ≈ $20.02 million.
- Shares owned after transaction: Not specified in the excerpt of the filing provided.
- Footnotes of note:
- F2: Reporting person is founder/managing partner of Ribbit Capital funds and previously transferred 8,842 shares to Bullfrog Capital in accordance with Rule 16a-13.
- F3–F5: Various holdings are held by affiliated trusts and entities (Bullfrog, Aphrodite trusts, Malka Trust, Tibbir entities, Lassen Residential LLC); Meyer disclaims beneficial ownership of certain shares except to the extent of any pecuniary interest.
- Filing timeliness: Report filed June 1, 2026; this filing date is within the standard Form 4 reporting window following the May 28 transaction.
Context
- Open-market purchases by directors are often viewed by investors as a positive signal because they represent the insider adding to equity, but filings are factual and do not indicate motive. The footnotes indicate complex holdings and transfers to affiliated funds/trusts—these are common for founders/partners and can affect reported beneficial ownership.
Insider Transaction Report
Form 4
Malka Meyer
Director
Transactions
- Purchase
Class A Common Stock
[F1][F2][F3]2026-05-28$80.39/sh+249,000$20,018,206→ 3,493,427 total(indirect: By Fund)
Holdings
- 1,011
Class A Common Stock
[F2] - 3,976,234(indirect: By Trust)
Class A Common Stock
[F4] - 102,183(indirect: By LLC)
Class A Common Stock
[F5]
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $80.05 to $80.68, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
- [F2]As previously reported, the Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer and/or remit the proceeds of any sale of shares issued pursuant to stock awards or upon vesting and settlement of restricted stock units ("RSUs") to certain entities affiliated with such funds. The reported amount reflects a previous transfer of 8,842 shares to Bullfrog Capital, L.P. ("Bullfrog"), for itself and as nominee for Bullfrog Founder Fund, L.P. ("Bullfrog FF"), which transfer was effected in accordance with Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
- [F3]Shares held by Bullfrog, for itself and as nominee for Bullfrog FF. Bullfrog Capital GP, L.P. ("BF GP") is the general partner of Bullfrog and Bullfrog FF, and Bullfrog Capital GP, Ltd. ("BF UGP") is the general partner of BF GP. The Reporting Person is a director BF UGP and disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- [F4]Represents (i) 325,411 shares held by each of the Aphrodite EM Trust, the Aphrodite MM Trust and the Aphrodite SM Trust (collectively, the "Aphrodite Trusts"), (ii) 2,000,000 shares held by the Malka Kleiner Revocable Trust dated July 16, 2012 (the "Malka Trust"), (iii) one share held by the Tibbir Trust and (iv) 1,000,000 shares held by Lassen Residential LLC, an entity controlled by the Malka Trust. The Reporting Person serves as trustee of the Malka Trust, and the Reporting Person's immediate family member serves as trustee of the Tibbir Trust and each of the Aphrodite Trusts. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- [F5]Shares held by Tibbir Holdings LLC, of which the Reporting Person serves as investment manager. The Reporting Person disclaims beneficial ownership of such Shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
Signature
/s/ Meyer Malka|2026-06-01