Robinhood (HOOD) 10% Owner Robinhood Ventures Sells 9,225 Shares

What Happened
Robinhood Ventures Fund I (RVI), a reported 10% owner of Robinhood Markets, Inc. (HOOD), sold a total of 9,225 shares in two open-market/private-sale transactions. On Aug 25, 2026 it sold 4,702 shares for a weighted average price of $26.84 (proceeds $126,202). On Aug 26, 2026 it sold 4,523 shares for a weighted average price of $26.38 (proceeds $119,317). Total proceeds reported for the two transactions are approximately $245,519. These were sales (not purchases), which are often routine for large holders.

Key Details

• Transaction dates and prices:
  • 2026-08-25: 4,702 shares sold, weighted avg $26.84 — proceeds $126,202. (Footnote F1: actual sale prices ranged $26.455–$27.15.)
  • 2026-08-26: 4,523 shares sold, weighted avg $26.38 — proceeds $119,317. (Footnote F3: actual sale prices ranged $26.17–$26.83.)
• Total shares sold: 9,225; total proceeds ≈ $245,519.
• Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for post-transaction beneficial ownership. Footnote F2 notes reported holdings reflect a March 5, 2026 stock split of 1.0239 shares for each prior share.
• Filing timeliness: Form filed on 2026-08-27 for transactions on Aug 25–26, 2026. This appears to be a timely Form 4 filing (Form 4 is generally due within two business days).
• No indication in the provided data of a 10b5-1 plan, award, exercise or tax withholding related to these transactions.

Context

• This report is from an institutional 10% owner (Robinhood Ventures Fund I), not an individual executive; institutional sales can reflect portfolio rebalancing or liquidity needs rather than management’s view of the company.
• Footnotes provide price ranges and a stock-split adjustment to holdings; the reporting person offers to supply specific per-trade pricing on request.