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

What Happened Robinhood Ventures Fund I (a reported 10% owner of Robinhood Markets, Inc.) sold a total of 10,167 shares of HOOD in two open-market transactions. On 2026-08-21 it sold 5,362 shares at a weighted average price of $26.99 for proceeds of $144,720, and on 2026-08-24 it sold 4,805 shares at a weighted average price of $26.63 for proceeds of $127,957. Total proceeds across both sales were approximately $272,677. These were sales (not purchases), and the reporting entity is an institutional 10% owner rather than an individual company executive.

Key Details

• Transaction dates and prices:
  • 2026-08-21: 5,362 shares sold, weighted avg $26.99; price range reported $26.875–$27.11 (Footnote F1). Proceeds ~$144,720.
  • 2026-08-24: 4,805 shares sold, weighted avg $26.63; price range reported $26.385–$26.775 (Footnote F3). Proceeds ~$127,957.
• Total shares sold: 10,167; total proceeds: ~$272,677.
• Shares owned after transaction: not specified in the summary provided here. Footnote F2 states reported holdings are adjusted for a 1.0239 share split effective before the IPO.
• Notable footnotes: F1 and F3 note weighted-average prices and provide ranges; the filer offers to supply per-price breakdowns on request. F2 explains an automatic 1.0239 share adjustment from a post-IPO split.
• Filing timeliness: Form filed 2026-08-25 for transactions on 2026-08-21 and 2026-08-24; no late filing indicated in the data provided.

Context

• This is institutional selling by a 10% owner, not an insider executive trade; such sales can be routine rebalancing or liquidity moves and do not by themselves indicate company performance or management sentiment.
• Footnotes indicate multiple trades at slightly different prices; the weighted averages reported summarize those executions. Retail investors seeking exact per-trade prices can request that breakdown per the filer’s undertaking.