Gallagher Daniel Martin Jr 4
4 · Robinhood Markets, Inc. · Filed Jul 8, 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), reported seven open-market sales executed on July 6, 2026 totaling 10,000 shares for aggregate proceeds of approximately $1,161,433. The reported lots were: 500 @ $112.06 ($56,028); 700 @ $113.59 ($79,516); 2,000 @ $114.68 ($229,368); 900 @ $115.76 ($104,181); 2,953 @ $116.80 ($344,917); 2,547 @ $117.80 ($300,042); and 400 @ $118.45 ($47,381). These transactions were effected pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: July 6, 2026; Form 4 filed July 8, 2026 (timely filing).
- Total sold: 10,000 shares for roughly $1.16 million.
- Price execution: trades were done in multiple executions during the day; per footnotes the intra-lot price ranges span roughly $111.69 to $118.52, with the weighted-average prices reported above.
- Plan: Sale effected under a 10b5-1 plan adopted August 8, 2025 (footnote F1).
- Additional disclosure: Reporting person offers to provide detailed per-trade share counts/prices to SEC, issuer, or shareholders on request (footnotes F2–F8).
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
Sales made under pre-established 10b5-1 plans are common for executives and are generally viewed as pre-arranged, routine dispositions rather than immediate signals of company outlook. This filing documents sales (S = sale); there were no purchases, option exercises, or awards reported in this Form 4.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-07-06$112.06/sh−500$56,028→ 480,896 total - Sale
Class A Common Stock
[F1][F3]2026-07-06$113.59/sh−700$79,516→ 480,196 total - Sale
Class A Common Stock
[F1][F4]2026-07-06$114.68/sh−2,000$229,368→ 478,196 total - Sale
Class A Common Stock
[F1][F5]2026-07-06$115.76/sh−900$104,181→ 477,296 total - Sale
Class A Common Stock
[F1][F6]2026-07-06$116.80/sh−2,953$344,917→ 474,343 total - Sale
Class A Common Stock
[F1][F7]2026-07-06$117.80/sh−2,547$300,042→ 471,796 total - Sale
Class A Common Stock
[F1][F8]2026-07-06$118.45/sh−400$47,381→ 471,396 total
Footnotes (8)
- [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 $111.69 to $112.38. 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 $112.98 to $113.94. 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 $114.21 to $115.14. 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 $115.22 to $116.20. 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.
- [F6]This transaction was executed in multiple trades during the day at prices ranging from $116.24 to $117.23. 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.
- [F7]This transaction was executed in multiple trades during the day at prices ranging from $117.41 to $118.30. 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.
- [F8]This transaction was executed in multiple trades during the day at prices ranging from $118.42 to $118.52. 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.