Robinhood Markets, Inc. 4

What Happened Robinhood Ventures Fund I (RVI), listed as a 10% owner of Robinhood Markets, Inc. (HOOD), sold a total of 17,949 shares in two transactions: 10,041 shares on 2026-07-08 at a weighted average price of $30.55 for proceeds of $306,753, and 7,908 shares on 2026-07-09 at a weighted average price of $31.11 for proceeds of $246,018. Combined proceeds from the two sales were approximately $552,771. These were sales (transaction code S), which are often routine for institutional holders.

Key Details

• Transaction dates and prices:
  • 2026-07-08: 10,041 shares sold at a weighted average price $30.55 (prices in range $30.26–$30.91) — $306,753 proceeds (F1).
  • 2026-07-09: 7,908 shares sold at a weighted average price $31.11 (prices in range $30.71–$31.33) — $246,018 proceeds (F3).
• Total shares sold: 17,949; total proceeds ≈ $552,771.
• Shares owned after the transactions: Not specified in the provided excerpt of the filing.
• Notable footnotes:
  • F1/F3: Weighted-average sale prices; sales occurred in multiple trades within the stated price ranges (full breakdown available on request to SEC/issuer).
  • F2: Total shares held in filings reflect a March 5, 2026 stock split (each pre-split share reclassified into 1.0239 shares).
• Filing and timeliness: Form 4 was filed 2026-07-10 for transactions on 2026-07-08 and 2026-07-09 — filed within the typical two-business-day Form 4 window (not late).

Context This filing reports institutional sales by a 10% owner (a fund), not an individual executive; such trades may reflect portfolio rebalancing or liquidity needs and are generally less informative about company prospects than insider purchases. Retail investors typically place greater emphasis on insider buys as potential bullish signals.