Quirk Steven M. 4
4 · Robinhood Markets, Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) Chief Brokerage Officer Steven Quirk Sells Shares
What Happened
Steven M. Quirk, Robinhood's Chief Brokerage Officer, sold a total of 52,540 HOOD shares in multiple open‑market transactions on February 3, 2026, generating aggregate proceeds of approximately $4,613,284. The filing reports six grouped dispositions at weighted‑average prices of $85.54, $86.43, $87.36, $88.41, $89.31 and $90.06 per share (individual lots and proceeds are shown in the Form 4).
Key Details
- Transaction date: February 3, 2026 (Form 4 filed Feb 5, 2026). Filing appears timely (within the two‑business‑day window).
- Total shares sold: 52,540; total proceeds: ~$4.61M.
- Reported lots (shares @ weighted‑avg price / proceeds):
- 10,168 @ $85.54 = $869,752 (F2: intraday prices $84.98–$85.97)
- 8,202 @ $86.43 = $708,924 (F3: $85.98–$86.97)
- 10,113 @ $87.36 = $883,437 (F4: $86.98–$87.97)
- 8,322 @ $88.41 = $735,736 (F5: $87.99–$88.98)
- 2,200 @ $89.31 = $196,478 (F6: $88.99–$89.84)
- 13,535 @ $90.06 = $1,218,957 (F7: $90.01–$90.06)
- Footnotes: F1 notes the sales were effected under a Rule 10b5‑1 trading plan adopted Nov 12, 2024; F2–F7 disclose the intraday price ranges and that weighted‑average prices are reported.
- Shares owned after the transaction are not disclosed in the provided excerpt of the filing.
- Transaction code: S = Sale.
Context
These were sales (often considered routine), and the presence of a pre‑arranged 10b5‑1 plan indicates the trades were executed according to an earlier plan rather than necessarily reflecting new inside information. Retail investors generally view disclosed purchases as stronger signals than routine, preplanned sales.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-02-03$85.54/sh−10,168$869,752→ 69,936 total - Sale
Class A Common Stock
[F1][F3]2026-02-03$86.43/sh−8,202$708,924→ 61,734 total - Sale
Class A Common Stock
[F1][F4]2026-02-03$87.36/sh−10,113$883,437→ 51,621 total - Sale
Class A Common Stock
[F1][F5]2026-02-03$88.41/sh−8,322$735,736→ 43,299 total - Sale
Class A Common Stock
[F1][F6]2026-02-03$89.31/sh−2,200$196,478→ 41,099 total - Sale
Class A Common Stock
[F1][F7]2026-02-03$90.06/sh−13,535$1,218,957→ 27,564 total
Footnotes (7)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 12, 2024.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $84.98 to $85.97. 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 $85.98 to $86.97. 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 $86.98 to $87.97. 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 $87.99 to $88.98. 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 $88.99 to $89.84. 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 $90.01 to $90.06. 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.