Quirk Steven M. 4
4 · Robinhood Markets, Inc. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) Chief Brokerage Officer Steven Quirk Sells Shares
What Happened Steven M. Quirk, Chief Brokerage Officer at Robinhood Markets, sold 19,377 shares of HOOD on July 2, 2026, at $119.96 per share, generating proceeds of $2,324,465. The Form 4 lists the transaction as a sale (open market) and indicates the shares were disposed (code S). Sales are often routine; this filing does not by itself indicate Quirk’s current view of the company.
Key Details
- Transaction date and price: 2026-07-02, 19,377 shares at $119.96 each (total ≈ $2,324,465).
- Transaction type: Sale (open market), reported on Form 4 filed July 7, 2026.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes:
- F1: Transaction effected pursuant to a Rule 10b5-1 trading plan adopted November 19, 2025.
- F2: Executed during the day at the reported price; reporting person offered to provide detailed execution information on request.
- Timeliness: Trade date July 2 filed July 7 — this appears to be one business day past the typical two-business-day Form 4 deadline.
Context The sale was executed under a pre-established 10b5-1 trading plan, which allows insiders to sell shares according to a preset schedule and is commonly used to avoid questions about trading on nonpublic information. Because the transaction was pre-planned, it is generally viewed as less indicative of an insider’s immediate sentiment than an unscheduled sale or purchase.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-07-02$119.96/sh−19,377$2,324,465→ 62,612 total
Footnotes (2)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2025.
- [F2]This transaction was executed during the day at the price reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.