Robinhood Markets: director Robert B. Zoellick exercised 822 shares

What happened Robert B. Zoellick, director, had 822 shares acquired by exercise or conversion of a derivative (transaction code M) and a matching disposition of 822 shares on Oct 1, 2026. The filing shows the disposition price as $0.00 and total proceeds of $0.00; the acquisition price is listed as N/A. Footnotes indicate the shares came from restricted stock units (RSUs) that convert one-for-one into Class A common stock upon vesting.

Key details

• Transaction date: Oct 1, 2026; transaction code: M (exercise or conversion of a derivative).
• Acquisition: 822 shares @ N/A. Disposal: 822 shares @ $0.00, proceeds $0.00.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes: F1 — RSUs convert one-for-one upon vesting. F2 — 3,289 RSUs were granted on Jun 2, 2026; one-fourth (1/4) vested on Oct 1, 2026 (822 shares), with the remainder vesting in three equal quarterly installments (final installment no later than the day before Robinhood's 2027 annual meeting), subject to continued service and certain acceleration provisions.
• Remarks: Exhibit 24 — Power of Attorney.
• Filing date: Oct 2, 2026 (period of report Oct 1, 2026).

Why it may matter

• The filing shows RSUs vested and were converted to shares (exercise/conversion of a derivative), with an immediate disposition recorded at $0.00.
• This filing does not show why the insider traded or why the company acted.