Malka Meyer 4
Research Summary
AI-generated summary
Robinhood (HOOD) Director Malka Meyer Receives Award
What Happened
Malka Meyer, a director of Robinhood Markets, was automatically granted 162 shares of Class A common stock on June 30, 2026 as part of Robinhood's Non-Employee Director Compensation Program and the 2021 Omnibus Incentive Plan. The grant was made in lieu of cash director fees, valued at the June 30 closing price of $100.28 per share (total ≈ $16,245). The shares were fully vested upon grant (transaction code A = award/grant).
Key Details
- Transaction date and price: June 30, 2026; $100.28 per share.
- Shares granted: 162; approximate value $16,245.36.
- Vesting / sale: Shares were fully vested upon grant; no sale reported.
- Shares owned after transaction: The Form 4 does not list a simple total ownership figure; footnotes show substantial holdings held by various trusts and entities associated with the reporting person (see below).
- Notable footnotes:
- F1: Grant was elected in lieu of cash under the director program and 2021 Plan; vested on grant.
- F2–F5: The filing includes disclaimers that certain shares are held by affiliated funds, trusts, or entities and that the reporting person may be contractually required to remit proceeds or disclaim beneficial ownership except to the extent of any pecuniary interest.
- Timeliness: Filing dated July 2, 2026 for a June 30, 2026 transaction—no late filing indication.
Context
This was a standard director compensation election to receive stock instead of cash and not a market purchase or sale. Such awards are routine for non-employee directors and do not necessarily signal a change in insider sentiment; footnotes indicating transfers/remittances or disclaimers mean the reporting person may not have full beneficial control of some shares.