Quirk Steven M. 4

What Happened Steven M. Quirk, Chief Brokerage Officer of Robinhood Markets (HOOD), had 43,403 restricted stock units (RSUs) convert into 43,403 shares on Feb 1, 2026. To satisfy tax withholding, Robinhood withheld 17,795 of those shares at $99.48/share (totaling $1,770,247). The net shares delivered to Quirk were 25,608. This was a vesting/tax-withholding event, not an open-market sale.

Key Details

• Transaction date: 2026-02-01; Form 4 filed 2026-02-03 (appears timely within the two-business-day window).
• Conversion/exercise of derivative (code M): 43,403 RSUs → 43,403 Class A shares (RSUs convert 1:1 on vesting, per footnote).
• Tax withholding (code F): 17,795 shares withheld @ $99.48 = $1,770,247 (company withheld shares to satisfy tax liability; footnote states this is not a sale by the reporting person).
• Net shares received by the insider: 25,608 (43,403 vested − 17,795 withheld).
• Related grant: these RSUs are part of a 694,444-RSU grant made Mar 24, 2022 with a 1/16 initial vest and quarterly installments thereafter (footnote).

Context This was a routine RSU vesting and company share-withholding to cover taxes (a common, administrative transaction). It does not represent a discretionary sale or purchase in the open market. For options/derivative language: "M" indicates conversion/exercise of RSU/derivative and "F" indicates shares withheld to pay tax liabilities. The filing excerpt does not state total shares beneficially owned by Quirk after the transaction.