Robinhood Markets, Inc. 4

What Happened
Robinhood Ventures Fund I (RVI), a 10% owner of Robinhood Markets, Inc. (HOOD), sold 700,000 shares in an open-market/private sale on June 25, 2026. The shares were disposed at $30.92 per share, generating proceeds of $21,644,000. This was a sale (disposition), not a purchase or option exercise.

Key Details

• Transaction date and price: 2026-06-25 — 700,000 shares sold at $30.92/share (total $21,644,000).
• Transaction type/code: Sale (S) — open market or private sale designation.
• Filing date: Form 4 filed 2026-06-29 (filed within the typical 2-business-day reporting window).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnote: Holdings reflect a stock classification/split effective immediately before the IPO; each share outstanding as of March 5, 2026 was classified into 1.0239 shares of beneficial interest (Footnote F1).

Context
This filing is from a 10% institutional owner (Robinhood Ventures Fund I), not an individual executive. Institutional sales like this are often routine rebalancing or liquidity events and do not by themselves indicate management sentiment; purchases are generally considered more informative. The transaction moved roughly $21.6 million worth of HOOD stock.