Malka Meyer 4
4 · Robinhood Markets, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) Director Malka Meyer Buys 250,000 Shares
What Happened
Malka Meyer, a director of Robinhood Markets, reported an open-market purchase of 250,000 shares on June 5, 2026 (transaction code P). The filing lists a weighted-average price of $80.74 for the lots, for a reported total value of $20,184,200. This was a purchase (a bullish-type insider transaction rather than a sale).
Key Details
- Transaction date: June 5, 2026; Form 4 filed June 9, 2026 (filed within the two-business-day window).
- Price: weighted average $80.74; individual trades ranged from $80.07 to $81.00 (footnote F1). The reporting person will provide per-price breakdown on request.
- Shares acquired: 250,000; reported total value $20,184,200.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnotes: several disclaimers indicate many shares are held by affiliated entities/trusts or funds (F2–F5) and the reporting person disclaims beneficial ownership of those except for any pecuniary interest. Footnote F3 notes contractual obligations to transfer proceeds of certain equity awards to affiliated funds.
- Transaction type: P = Purchase (open market/private purchase).
Context
Open-market purchases by corporate insiders are often watched by investors as a sign of confidence, but filings are factual disclosures and do not state intent. Several footnotes indicate holdings are held through funds, trusts, or managed entities and include disclaimers of beneficial ownership under Section 16, which is common for investors who act through vehicles rather than holding personally.
Insider Transaction Report
- Purchase
Class A Common Stock
[F1][F2]2026-06-05$80.74/sh+250,000$20,184,200→ 3,924,427 total(indirect: By Fund)
- 1,812
Class A Common Stock
[F3] - 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 $80.07 to $81.00, 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]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 of BF UGP and 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 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 restricted stock units to certain entities affiliated with such funds. 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.
- [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.