Robinhood Markets: director Christopher D. Payne received 211 shares

What happened Christopher D. Payne, a director of Robinhood Markets, received 211 shares of Class A Common Stock as an automatic grant under the non-employee director compensation program. The filing says the grant was based on the Sep 30, 2026 closing price of $112.50 per share and valued at $23,737.50; the shares were fully vested upon grant and delivery is deferred per a deferral election.

Key details

• Transaction date and code: Sep 30, 2026; transaction type A (award/grant).
• Price and value: $112.50 per share; total value $23,737.50.
• Shares acquired: 211.
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: grant made in lieu of cash fees under the non-employee director compensation program and Robinhood's 2021 Omnibus Incentive Plan; shares fully vested on grant; vested shares will be delivered upon the earliest of Jan 1, 2035, the reporting person's death or disability, or a change in control.
• Remarks: Exhibit 24 - Power of Attorney.
• Filed on Oct 02, 2026; the filing does not indicate a late filing.

Why it may matter

• The filing shows an award of stock under director compensation, not a market sale or purchase.
• Although the shares were fully vested on grant, delivery is deferred until Jan 1, 2035, death or disability, or a change in control.
• The filing does not show why the insider traded or why the company acted.