Pinner Jeffrey Tsvi 4
4 · Robinhood Markets, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) CTO Jeffrey Tsvi Receives RSUs; Taxes Withheld
What Happened
Jeffrey Tsvi, Chief Technology Officer of Robinhood Markets (HOOD), had 53,844 restricted stock units (RSUs) vest and convert into Class A common shares on March 1, 2026. Of those, 27,465 shares were withheld by Robinhood to satisfy tax withholding obligations at $75.85 per share (value reported: $2,083,220). The vesting resulted in a net receipt of approximately 26,379 shares (53,844 gross − 27,465 withheld).
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
- Vesting/conversion: 53,844 RSUs converted to 53,844 shares (reported as derivative conversion/exercise).
- Tax withholding: 27,465 shares withheld at $75.85/share for tax obligations; reported value $2,083,220. This withholding was handled by the company and is not an open-market sale by the insider.
- Net shares received: ~26,379 shares (not all filings list post-transaction holdings; the filing did not specify total shares owned after these transactions).
- Footnotes: RSUs convert one-for-one on vesting (F1). The withheld shares do not represent a sale by the reporting person (F2). The RSUs derive from grants made on Sep 18, 2024 (762,528 RSUs schedule) and Mar 20, 2025 (98,983 RSUs schedule) subject to service-based vesting schedules (F3, F4).
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = payment of exercise price or tax liability (withholding).
Context
This was an RSU vesting and cashless tax-withholding event — common for employee equity settlements. Because shares were withheld by the company to cover taxes rather than sold on the open market by the insider, this is generally considered an administrative action tied to compensation, not a directional bet on the stock.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-01+53,844→ 62,977 total - Tax Payment
Class A Common Stock
[F2]2026-03-01$75.85/sh−27,465$2,083,220→ 35,512 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-01−47,658→ 476,580 total→ Class A Common Stock (47,658 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-01−6,186→ 74,238 total→ Class A Common Stock (6,186 underlying)
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- [F2]Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 53,844 RSUs and does not represent a sale by the Reporting Person.
- [F3]On September 18, 2024, the Reporting Person was granted 762,528 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-sixteenth (1/16) of these RSUs vested on December 1, 2024, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
- [F4]On March 20, 2025, the Reporting Person was granted 98,983 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2025, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.