Pinner Jeffrey Tsvi 4

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.