Pinner Jeffrey Tsvi 4
Research Summary
AI-generated summary
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.