Robinhood Markets, Inc.·4

Mar 23, 4:57 PM ET

Gallagher Daniel Martin Jr 4

Research Summary

AI-generated summary

Updated

Robinhood (HOOD) Chief Legal Officer Daniel Gallagher Receives RSU Award

What Happened
Daniel Martin Gallagher Jr., Chief Legal Officer of Robinhood Markets, was granted 131,282 restricted stock units (RSUs) on March 19, 2026. The award is reported as a derivative acquisition (code A) at $0.00 per share — no cash changed hands. These RSUs convert one-for-one into Class A Common Stock upon vesting.

Key Details

  • Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (period of report: 2026-03-19). Check timeliness against SEC Form 4 deadlines if concerned.
  • Grant: 131,282 RSUs; reported price: $0.00 (derivative award).
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnote highlights: RSUs convert 1:1 to Class A shares on vesting (F1). Vesting schedule (F2): 1/16 vests June 1, 2026; remaining shares vest in 15 equal quarterly installments thereafter, subject to continued service and potential accelerated vesting in certain circumstances.
  • No 10b5-1 plan, sale, or tax-withholding details provided in the supplied summary.

Context
This was a compensation grant (RSUs), not an open-market purchase or sale. RSU awards are common executive compensation and only become tradable shares as they vest; they do not necessarily indicate immediate insider buying or selling activity.