Robinhood Markets, Inc.·4

Mar 9, 4:31 PM ET

Pinner Jeffrey Tsvi 4

Research Summary

AI-generated summary

Updated

Robinhood (HOOD) CTO Jeffrey Pinner Sells Shares

What Happened

  • Jeffrey Tsvi Pinner, Chief Technology Officer of Robinhood Markets, sold a total of 5,836 shares in open‑market transactions on March 5, 2026, generating approximately $469,822 in proceeds.
    • 2,400 shares @ $79.27 = $190,248
    • 1,836 shares @ $80.16 = $147,174
    • 400 shares @ $81.28 = $32,511
    • 400 shares @ $82.37 = $32,949
    • 800 shares @ $83.67 = $66,940
  • These were sales (S), which are typically routine dispositions rather than an outright bullish signal.

Key Details

  • Transaction date: 2026-03-05 (filed with the SEC on 2026-03-09; filing appears timely).
  • Prices/values: see line items above; total proceeds ≈ $469,822.
  • Shares owned after transaction: not specified in the provided filing excerpt (see full Form 4 for updated holdings).
  • Notable footnotes:
    • F1: Trades were effected under a Rule 10b5-1 trading plan adopted by Mr. Pinner on November 11, 2024 (pre‑arranged plan).
    • F2–F6: Each reported weighted‑average price reflects multiple trades executed that day; the filing notes price ranges for each tranche and offers to provide detailed trade breakdowns on request.
  • Transaction code: S = Sale.

Context

  • A 10b5-1 plan generally means the trades were prearranged according to a written plan adopted when the insider presumably was not in possession of material nonpublic information; such sales are often routine (e.g., for diversification or liquidity).
  • This filing reports straightforward open‑market sales — no options exercises, gifts, or awards were involved.