Gallagher Daniel Martin Jr 4

What Happened
Daniel Martin Gallagher Jr., Chief Legal Officer of Robinhood Markets (HOOD), sold a total of 10,000 shares in open-market transactions on February 3, 2026. The sales were split across six reported lot sizes and prices, with proceeds totaling approximately $870,665. These sales were effected pursuant to a Rule 10b5-1 trading plan.

• 2,735 shares @ $85.55 = $233,985
• 2,388 shares @ $86.49 = $206,533
• 2,177 shares @ $87.52 = $190,529
• 2,100 shares @ $88.50 = $185,856
• 500 shares @ $89.46 = $44,729
• 100 shares @ $90.33 = $9,033

Key Details

• Transaction date: February 3, 2026; Form 4 filed Feb 5, 2026 (timely filing).
• Total sold: 10,000 shares for aggregate proceeds of ~$870,665.
• Transaction code: S (sale).
• Footnotes: F1 — trades executed under a Rule 10b5-1 plan adopted Aug 8, 2025. F2–F7 — several lots were executed in multiple trades during the day; reported prices are weighted averages and ranged roughly from $85.03 to $90.33 across the lots.
• Shares owned after transaction: not specified in the provided filing details.

Context

• Sales under a 10b5-1 plan are prearranged and common for insiders managing diversification or liquidity; they do not by themselves indicate the insider’s view on the company’s prospects.
• For retail investors, purchases tend to be more indicative of positive insider conviction; reported sales like this are frequently routine.