Robinhood (HOOD) 10% Owner Robinhood Ventures Sells 4,355 Shares

What Happened

• Robinhood Ventures Fund I (RVI), identified as a 10% owner of Robinhood Markets, sold 4,355 shares on 2026-08-31 in one or more open market/private-sale transactions. The weighted average sale price was $26.66, for a total proceeds value of approximately $116,104. The filing lists the transaction code S (sale).

Key Details

• Transaction date: 2026-08-31 (filed with the SEC on 2026-09-02).
• Price: weighted average $26.66; individual sale prices ranged from $26.40 to $27.21 (see footnote offering breakdown on request).
• Total value: ~$116,104.
• Shares owned after transaction: not specified in the provided summary of this filing.
• Footnotes: F1 explains the weighted-average price and range; F2 notes reported totals reflect a 1.0239-for-1 stock split effective before the IPO.
• Timeliness: filing date is 2026-09-02 for an 8/31 transaction; no late-filing indication noted in the provided data.

Context

• This filing reflects institutional selling by a 10% owner, not an individual executive — institutional sales can be routine portfolio management and do not necessarily signal company outlook.
• Sales (S) are less informative about insider sentiment than purchases; the filing is factual about quantities and prices without stating motivation.