Robinhood (HOOD) 10% Owner Robinhood Ventures Fund I Sells 13,778 Shares

What Happened

• Robinhood Ventures Fund I, identified as a 10% owner of Robinhood Markets, sold a total of 13,778 Robinhood shares in open-market transactions on August 27–28, 2026. The three reported sales were:
  • Aug 27: 7,279 shares at a weighted avg price of $26.87 — proceeds $195,587 (price range reported $26.405–$27.395; see footnote F1).
  • Aug 27: 1,512 shares at a weighted avg price of $27.62 — proceeds $41,761 (price range reported $27.415–$27.78; see footnote F3).
  • Aug 28: 4,987 shares at a weighted avg price of $27.19 — proceeds $135,597 (price range reported $27.03–$27.57; see footnote F4).
• Aggregate proceeds across these transactions are approximately $372,945. These are outright sales (S), which are commonly routine for large holders; they do not necessarily indicate managerial sentiment.

Key Details

• Transaction dates and prices: Aug 27–28, 2026 (see per-line details above and footnotes F1, F3, F4 for price ranges and weighted averages).
• Shares owned after transaction: Not specified in the provided summary; filing notes that reported totals reflect a 1.0239-for-1 stock split effective just before the IPO (footnote F2).
• Footnotes: F1/F3/F4 disclose that each reported price is a weighted average and that shares were sold in multiple trades at prices within stated ranges; the filer will provide per-trade details on request. F2 explains the holdings reflect the March 5, 2026 stock split conversion factor of 1.0239.
• Timeliness: The Form 4 was filed Aug 31, 2026 for trades on Aug 27–28; that filing date appears to be within the required reporting window and thus timely.

Context

• This filing is by a 10% beneficial owner (institutional holder), not an officer or director; such institutional sales can be for portfolio-management reasons and are not the same signal as an insider executive sale.
• No options, awards, or gifts are reported here—just open-market sales. Footnotes indicate the filer can provide more granular per-trade prices on request.