Quirk Steven M. 4
Research Summary
AI-generated summary
Robinhood (HOOD) Chief Brokerage Officer Steven Quirk Sells 8,540 Shares
What Happened
- Steven M. Quirk, Chief Brokerage Officer of Robinhood Markets, reported the sale of 8,540 shares of HOOD on 2026-04-15. The shares were disposed of at $84.93 per share, for an aggregate value of approximately $725,302. The filing lists the transaction as a sale (code S).
Key Details
- Transaction date: 2026-04-15; Report filed: 2026-04-17 (timely Form 4 filing).
- Price and amount: 8,540 shares at $84.93 each; total ≈ $725,302.
- Shares owned after transaction: not specified in the filing.
- Notable footnotes: (1) The sale was effected under a Rule 10b5-1 trading plan adopted November 12, 2024. (2) The filing states the trade was executed during the day at the reported price and the reporting person will provide detailed execution information upon request.
- Transaction type: Open market/private sale (reported as S).
Context
- The sale was made under a pre-established 10b5-1 plan, which is a commonly used mechanism for scheduled insider sales. This indicates the transactions were pre-planned rather than necessarily reflecting new, real-time views on the stock.