Malka Meyer 4
4 · Robinhood Markets, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) Director Malka Meyer Buys 181,000 Shares ($15.1M)
What Happened
Malka Meyer, a director of Robinhood Markets (HOOD), made a material open‑market purchase of 181,000 shares on June 3, 2026 at a weighted average price of $83.45, costing about $15,103,853. The Form 4 also reports derivative activity around the same dates: conversion/exercise entries for 801 shares on June 1, 2026 and a grant of 3,289 restricted stock units (RSUs) on June 2, 2026.
Key Details
- Purchase: 181,000 shares on 2026-06-03; weighted avg price $83.45; total ≈ $15,103,853. Price range reported for the purchase: $83.24–$83.63 (footnote F3).
- Derivatives/awards: 801 shares marked as exercise/conversion (M) on 2026-06-01 (both an acquired and a $0.00 disposed derivative entry appear in the filing) and a grant of 3,289 RSUs on 2026-06-02 (F1, F9).
- RSU mechanics: RSUs convert one-for-one to Class A common stock on vesting/settlement (F1). The June 2, 2026 RSU award vests in scheduled installments (one‑fourth on Oct 1, 2026, then quarterly; see F9).
- Beneficial‑ownership notes: the filing includes several disclaimers that certain shares are held by trusts/funds for which the reporting person has limited or disclaimed beneficial ownership (see F2–F6).
- Timeliness: The report was filed June 3, 2026 for transactions on June 1–3, 2026; the filing appears timely (no "late" flag in the filing excerpt).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
Context
- The open‑market purchase is a straightforward buy (often viewed as a stronger signal than routine sales), while the RSU grant is compensation and vests over time.
- The paired derivative entries (exercise/conversion and a $0.00 disposal of 801 shares) are recorded as M‑type derivative events on the same date; filings often show such entries for conversion, net settlement, or withholding purposes — the filing does not state a cash value for those entries.
- Footnotes in the filing provide important details (weighted avg purchase price range, RSU vesting schedule, and ownership disclaimers).
Insider Transaction Report
Form 4
Malka Meyer
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-06-01+801→ 1,812 total - Purchase
Class A Common Stock
[F3][F4]2026-06-03$83.45/sh+181,000$15,103,853→ 3,674,427 total(indirect: By Fund) - Exercise/Conversion
Restricted Stock Units
[F1][F7][F2]2026-06-01−801→ 0 total→ Class A Common Stock (801 underlying) - Award
Restricted Stock Units
[F1][F8][F9][F2]2026-06-02+3,289→ 3,289 total→ Class A Common Stock (3,289 underlying)
Holdings
- 3,976,234(indirect: By Trust)
Class A Common Stock
[F5] - 102,183(indirect: By LLC)
Class A Common Stock
[F6]
Footnotes (9)
- [F1]Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- [F2]The Reporting Person is the founder and managing partner of the Ribbit 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 RSUs to certain entities affiliated with such funds. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("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.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $83.24 to $83.63, 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.
- [F4]Shares held by Bullfrog Capital, L.P. ("Bullfrog"), for itself and as nominee for Bullfrog Founder Fund, L.P. ("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.
- [F5]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.
- [F6]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.
- [F7]On June 25, 2025, the Reporting Person was granted 3,202 RSUs under the Robinhood Markets, Inc. ("Robinhood") 2021 Omnibus Incentive Plan (the "2021 Plan"). One-fourth (1/4) of these RSUs vested on October 1, 2025, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment vested no later than the day before Robinhood's 2026 annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
- [F8]This RSU award represents the Reporting Person's annual grant pursuant to Robinhood's Non-Employee Director Compensation Program and was granted automatically on the date of Robinhood's annual meeting of stockholders.
- [F9]On June 2, 2026, the Reporting Person was granted 3,289 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs are scheduled to vest on October 1, 2026, with the remainder scheduled to vest in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's next annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
Signature
/s/ Meyer Malka|2026-06-03