RUBINSTEIN JONATHAN 4
Research Summary
AI-generated summary
Robinhood (HOOD) Director Jonathan Rubinstein Receives Award of 373 Shares
What Happened
Jonathan Rubinstein, a non-employee director of Robinhood Markets, was automatically granted 373 shares of Class A common stock on June 30, 2026. The grant was made in lieu of quarterly cash director fees, valued at the June 30 closing price of $100.28 per share (≈$37,404.44). The shares were fully vested upon grant.
Key Details
- Transaction date: June 30, 2026; Form 4 filed July 2, 2026 (filed within the normal reporting window).
- Grant type/code: Award/Acquisition (A) — director fee paid in stock.
- Shares acquired: 373 at $100.28 per share; total value ≈ $37,404.44.
- Vesting: Shares were fully vested upon grant.
- Post-transaction ownership: The filing does not state total beneficial ownership after the grant.
- Notable footnotes: (F1) Grant under Robinhood's Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan; (F2) notes a prior transfer of 801 shares to a trust, which changed only form of ownership and not pecuniary interest.
Context
Director grants paid in stock are a common, routine form of compensation and do not necessarily indicate the director's trading view. The prior transfer of 801 shares to a trust was a formality and, per the filing, did not change the director's economic interest.