4Filed Aug 12, 8:00 PM ET
Robinhood Ventures Fund I (10% Owner) Sells HOOD Shares
$RVI · Robinhood Ventures Fund IResearch Summary
AI-generated summary of this SEC filing
Robinhood Ventures Fund I (10% Owner) Sells HOOD Shares
What Happened
Robinhood Ventures Fund I (reported as a 10% owner) sold a total of 12,695 shares of Robinhood Markets, Inc. (HOOD) in open-market transactions on August 11–12, 2026. The sales consisted of 5,756 shares at a weighted average price of $27.83 ($160,189), 52 shares at $28.54 ($1,484), and 6,887 shares at a weighted average price of $28.23 ($194,420), for total proceeds of approximately $356,093. This was a sale (liquidation), which is often routine for institutional holders and not necessarily a signal about the company’s prospects.
Key Details
- Transaction dates: Aug 11, 2026 and Aug 12, 2026.
- Share breakdown and proceeds: 5,756 @ $27.83 = $160,189; 52 @ $28.54 = $1,484; 6,887 @ $28.23 = $194,420. Total = 12,695 shares; ~$356,093.
- Footnotes: Weighted average prices reported; sales occurred across multiple trades at prices ranging $27.51–$28.35 (F1) and $27.90–$28.655 (F3). The filing offers to provide per-price breakdown on request. F2 notes reported totals reflect a 1.0239-for-1 stock split effective March 5, 2026.
- Shares owned after transaction: The filing does not state the post-transaction beneficial ownership amount in the provided excerpt (footnote F2 notes split adjustment to any reported totals).
- Filing date: Report filed Aug 13, 2026 covering trades on Aug 11–12 (no late-filing flag disclosed).
Context
- This filing reports institutional sales by a 10% owner (Robinhood Ventures Fund I), not insider trades by company executives. Institutional disposals can be for portfolio- or liquidity-related reasons and are less indicative of management sentiment than officer/director trades.
- No options exercise, awards, or gifts are involved—these were open-market sales.