Robinhood Markets: 10% owner Robinhood Ventures Fund I sold 13,434 shares

What happened

• Robinhood Ventures Fund I (RVI), reported as a 10% owner, sold a total of 13,434 shares of Robinhood Markets, Inc. The filing shows sales of 5,401 shares at a weighted average price of $26.46 on Oct 7, 2026 ($142,910) and 8,033 shares at a weighted average price of $26.08 on Oct 8, 2026 ($209,501), totaling $352,411.
• The transactions are reported as open market or private sales (code S).

Key details

• Transaction dates and prices:
  • Oct 7, 2026: 5,401 shares, weighted average sale price $26.46 (prices in range $26.25 to $26.80) (footnote 1).
  • Oct 8, 2026: 8,033 shares, weighted average sale price $26.08 (prices in range $25.975 to $26.50) (footnote 3).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes:
  • F1 and F3 note the reported prices are weighted averages and that shares were sold in multiple transactions within the stated price ranges; the reporting person will provide per-price quantities on request.
  • F2 notes reported totals reflect a stock split effective before the IPO that converted each share into 1.0239 shares of beneficial interest.
• Filing date and timeliness: Form filed Oct 9, 2026; transactions reported on Oct 7 and Oct 8, 2026. No late-filing indicator was provided in the supplied details.

Why it may matter

• The filer is a 10% owner, meaning it is a large holder of the issuer but is not described as an executive in the filing.
• The transactions were reported as sales in the market (open market/private sale code S), with weighted average prices and multiple sale prices disclosed in footnotes.
• A filing does not show why the insider traded or why the company acted.