Gallagher Daniel Martin Jr 4

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.