Gallagher Daniel Martin Jr 4
4 · Robinhood Markets, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) CLO Daniel Gallagher Sells 10,000 Shares
What Happened Daniel Martin Gallagher Jr., Chief Legal Officer of Robinhood Markets (HOOD), sold a total of 10,000 shares in open-market transactions on May 4, 2026, for a combined proceeds of approximately $768,907. The filing breaks the trades into four dispositions: 200 shares at a weighted-average $75.27 ($15,053); 6,000 shares at $76.63 ($459,787); 3,700 shares at $77.37 ($286,262); and 100 shares at $78.05 ($7,805). These were sales (not purchases), which are often routine transactions by insiders.
Key Details
- Transaction date: May 4, 2026; Form 4 filed May 6, 2026 (filed within the normal two‑business‑day window).
- Prices and amounts: 200 @ $75.27; 6,000 @ $76.63; 3,700 @ $77.37; 100 @ $78.05. Total ≈ $768,907.
- Footnotes: one transaction was executed pursuant to a Rule 10b5‑1 trading plan adopted Aug 8, 2025. Other trades were executed in multiple trades during the day with price ranges: $74.82–$75.71, $75.95–$76.94, $76.96–$77.94; one trade executed at $78.05. The filer offered to provide detailed trade-by-trade prices on request.
- Shares owned after transaction: not specified in the public summary of this filing.
Context
- Sales under a pre-arranged 10b5‑1 plan are typically scheduled in advance and provide less insight into the insider’s current view of the company than ad‑hoc trades. Sales alone are not a definitive signal about company prospects; purchases are generally considered more informative for bullish sentiment.
Insider Transaction Report
Form 4
Gallagher Daniel Martin Jr
Chief Legal Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-05-04$75.27/sh−200$15,053→ 442,649 total - Sale
Class A Common Stock
[F1][F3]2026-05-04$76.63/sh−6,000$459,787→ 436,649 total - Sale
Class A Common Stock
[F1][F4]2026-05-04$77.37/sh−3,700$286,262→ 432,949 total - Sale
Class A Common Stock
[F1][F5]2026-05-04$78.05/sh−100$7,805→ 432,849 total
Footnotes (5)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 8, 2025.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $74.82 to $75.71. The weighted-average price is 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.
- [F3]This transaction was executed in multiple trades during the day at prices ranging from $75.95 to $76.94. The weighted-average price is 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.
- [F4]This transaction was executed in multiple trades during the day at prices ranging from $76.96 to $77.94. The weighted-average price is 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.
- [F5]This transaction was executed during the day at the price of $78.05. 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.
Signature
/s/ Matthew Yorkavich, attorney-in-fact for Daniel M. Gallagher, Jr.|2026-05-06