Robinhood Ventures Fund I (10% Owner) Sells HOOD Shares

What Happened Robinhood Ventures Fund I (reported as a 10% beneficial owner) sold a total of 18,365 shares of Robinhood Markets, Inc. (HOOD) across transactions on August 7 and August 10, 2026. The three reported dispositions were:

• 9,764 shares at a weighted average price of $27.94 for $272,806;
• 2,024 shares at a weighted average price of $28.65 for $57,988;
• 6,577 shares at a weighted average price of $28.18 for $185,340. All transactions are reported as sales (S) — i.e., dispositions of shares.

Key Details

• Transaction dates: Aug 7, 2026 (two sales) and Aug 10, 2026 (one sale).
• Total shares sold: 18,365; total proceeds ≈ $516,134.
• Transaction type: Sales (open market or private sale), reporting code S.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes of note:
  • F1, F3, F4: Each sale price shown is a weighted average; the filing gives price ranges across multiple trades (F1: $27.35–$28.26; F4: $27.97–$28.66; F3: $28.38–$28.88). The reporting person offers to provide the per-trade breakdown on request.
  • F2: Total shares held in prior filings reflect a March 5, 2026 stock split that converted each share into 1.0239 shares.
• Filing timeliness: The form was filed on Aug 11, 2026 to report transactions from Aug 7–10; no late-filing flag was indicated in the summary provided.

Context

• This Form 4 reflects activity by a 10% beneficial owner (an institutional investor), not an officer or director. Sales by large shareholders may reflect portfolio management rather than insider knowledge; filings do not state the seller’s motive.
• Transaction code used: S = Sale. There are no option exercises, awards, gifts, or tax-withholding notations in the provided details.