Gallagher Daniel Martin Jr 4
4 · Robinhood Markets, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) Chief Legal Officer Daniel Gallagher Sells 10,000 Shares
What Happened
Daniel Martin Gallagher Jr., Chief Legal Officer of Robinhood Markets, sold a total of 10,000 shares of HOOD in open-market transactions on June 3, 2026, generating approximately $836,771 in proceeds. The sales were executed in multiple trades at prices reported as weighted averages for blocks: 4,800 shares @ $83.08 ($398,782), 4,200 shares @ $84.06 ($353,072), 800 shares @ $84.70 ($67,762), and 200 shares @ $85.78 ($17,155). This is a sale (not a purchase) and was executed pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: June 3, 2026 (reported on Form 4 filed June 5, 2026).
- Total shares sold: 10,000; total proceeds: ~$836,771.
- Price details / trade ranges (per filing footnotes):
- 4,800 shares: trades ranged $82.53–$83.51 (weighted avg $83.08) (F2)
- 4,200 shares: trades ranged $83.53–$84.51 (weighted avg $84.06) (F3)
- 800 shares: trades ranged $84.55–$85.52 (weighted avg $84.70) (F4)
- 200 shares: trades ranged $85.75–$85.80 (weighted avg $85.78) (F5)
- 10b5-1 plan: The sales were effected under a Rule 10b5-1 trading plan adopted August 8, 2025 (F1).
- Filing timeliness: Form 4 was filed June 5, 2026 reporting transactions on June 3, 2026; the filing does not indicate a late filing.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing note: The reporting person agreed to provide detailed per-trade quantities and prices to the SEC, issuer, or any security holder upon request.
Context
Sales made under Rule 10b5-1 plans are pre-scheduled and generally considered routine dispositions rather than direct signals of the insider’s current view on the company. No purchases, option exercises, or transfers were reported in this filing.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-06-03$83.08/sh−4,800$398,782→ 486,596 total - Sale
Class A Common Stock
[F1][F3]2026-06-03$84.06/sh−4,200$353,072→ 482,396 total - Sale
Class A Common Stock
[F1][F4]2026-06-03$84.70/sh−800$67,762→ 481,596 total - Sale
Class A Common Stock
[F1][F5]2026-06-03$85.78/sh−200$17,155→ 481,396 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 $82.53 to $83.51. 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 $83.53 to $84.51. 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 $84.55 to $85.52. 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 in multiple trades during the day at prices ranging from $85.75 to $85.80. 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.