Robinhood Markets, Inc. 4

What Happened

• Robinhood Ventures Fund I (RVI), a reported 10% owner, sold a total of 21,294 shares of Robinhood Markets, Inc. (HOOD) in multiple open‑market transactions on July 6–7, 2026. The individual trades were for 3,484 shares @ $33.18 ($115,599); 5,299 @ $33.96 ($179,954); 10,033 @ $31.35 ($314,535); 2,296 @ $32.12 ($73,748); and 182 @ $32.95 ($5,997), totaling roughly $689,833. These were sales (not purchases), which are often routine for large holders.

Key Details

• Transaction dates: July 6–7, 2026 (filed on Form 4 dated July 8, 2026). Filing appears timely.
• Sale amounts/prices: see individual trades above; overall proceeds ≈ $689,833 (about $32.40 per share weighted).
• Post‑transaction holdings: the filing excerpts provided here do not state the exact shares held after these sales. Footnote F2 notes reported holdings reflect a March 5, 2026 stock split (1.0239 ratio).
• Footnotes of note:
  • Several footnotes (F1, F3–F6) indicate the reported prices are weighted averages and that shares were sold in multiple executions at price ranges (e.g., $30.815–$34.31 across trades); the filer offers to provide a per‑price breakdown on request.
• Insider status: RVI is a 10% institutional owner (not an individual executive), so these sales reflect institutional disposition rather than CEO/CFO trading.

Context

• These were open‑market sales (transaction code S). Sales by large shareholders can be for many reasons (portfolio rebalancing, liquidity needs, etc.); they are not by themselves a definitive signal about company prospects.
• No option exercises, gifts, or tax withholding were reported in the transactions summarized here.