Quirk Steven M. 4

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.