Robinhood (HOOD) Chief Legal Officer Daniel Gallagher Sells 10,000 Shares

What Happened

• Gallagher Daniel Martin Jr., Chief Legal Officer of Robinhood Markets, executed a series of open‑market sales on September 3, 2026. In total he sold 10,000 shares for aggregate proceeds of approximately $1,224,335.
• Individual reported lots: 100 @ $113.45; 100 @ $115.84; 200 @ $117.17; 300 @ $118.37; 900 @ $119.60; 400 @ $120.77; 800 @ $121.66; 3,800 @ $123.00; 2,700 @ $123.91; and 700 @ $124.62. Some lots were executed in multiple intraday trades and reported as weighted‑average prices.

Key Details

• Transaction date: 2026-09-03; Form 4 filed 2026-09-04 (timely).
• Total shares sold: 10,000; total proceeds: ~$1,224,335.
• Price range and execution notes: individual reported prices span about $113.45 to $124.62; footnotes indicate some lots were executed across intraday price ranges (up to ~$124.84 on certain executions) and weighted averages are reported.
• Notable footnote: at least one sale was effected under a Rule 10b5‑1 trading plan adopted August 8, 2025. Several entries include undertakings to provide detailed trade‑level information to the SEC or shareholders on request.
• Shares owned after transaction: not specified in the supplied excerpt.

Context

• This filing documents open‑market sales (S = Sale). Sales by executives can be routine (diversification, planned sales under 10b5‑1 plans, tax/liquidity needs) and do not by themselves indicate insider sentiment. No option exercises, gifts, or awards are reported in this filing.