Robinhood (HOOD) 10% Owner Robinhood Ventures Sells Shares

What Happened

• Robinhood Ventures Fund I (reported as a 10% owner) sold a total of 16,361 shares of Robinhood Markets, Inc. across two open-market/private sales. On 2026-08-19 it sold 8,175 shares at a weighted avg. price of $27.11 for proceeds of $221,624; on 2026-08-20 it sold 8,186 shares at a weighted avg. price of $26.95 for proceeds of $220,613. Total proceeds across both transactions were about $442,237. These were sales (not purchases), which are often routine portfolio/liquidity actions rather than affirmative bullish buys.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-08-19: 8,175 shares sold @ $27.11, proceeds $221,624 (F1: sale prices ranged $26.76–$27.50).
  • 2026-08-20: 8,186 shares sold @ $26.95, proceeds $220,613 (F3: sale prices ranged $26.70–$27.205).
• Total shares sold: 16,361; total proceeds: ~$442,237.
• Shares owned after the transactions: not specified in the provided report. (Footnote F2 notes reported totals reflect a 1.0239-for-1 stock split effective just before the IPO.)
• Filing: Report filed 2026-08-21 covering transactions on 2026-08-19 and 2026-08-20 — appears timely under typical Form 4 deadlines.
• Transaction code: S = Sale. Footnotes F1 and F3 indicate the prices shown are weighted averages and that per-trade price details are available on request.

Context

• This filing is from a 10% owner (institutional holder), not an individual company executive. Institutional sales often reflect portfolio management or liquidity needs rather than a direct signal about company prospects. No options were exercised, no awards or gifts were reported here.