Pinner Jeffrey Tsvi 4

What Happened

• Jeffrey Tsvi Pinner, Chief Technology Officer of Robinhood Markets (HOOD), sold a total of 5,835 shares in open-market transactions on March 20, 2026, generating approximately $416,392 in proceeds.
  • 2,435 shares at a weighted-average price of $70.55 — $171,785
  • 1,900 shares at a weighted-average price of $71.56 — $135,972
  • 1,400 shares at a weighted-average price of $72.36 — $101,307
  • 100 shares at $73.28 — $7,328
• These were sales (S), not purchases or option exercises — sales are often routine disposition of equity but do not by themselves indicate the insider’s view of the company.

Key Details

• Transaction date: March 20, 2026; filing date: March 24, 2026 (filed within the typical two-business-day Form 4 window).
• Prices: weighted-average prices reported above; execution price ranges per footnotes:
  • 2,435-share tranche: $69.97–$70.92 (weighted avg $70.55)
  • 1,900-share tranche: $71.03–$72.02 (weighted avg $71.56)
  • 1,400-share tranche: $72.04–$72.80 (weighted avg $72.36)
  • 100-share tranche: $73.28
• Shares owned after transaction: not reported in the information provided in this summary (refer to the full Form 4 for post-transaction holdings).
• Notable footnotes:
  • F1: Trades were effected pursuant to a Rule 10b5-1 trading plan adopted by Pinner on November 11, 2024.
  • F2–F5: Each tranche was executed in multiple trades during the day; weighted averages are reported.
• Transaction code: S = Sale (open market).

Context

• A Rule 10b5-1 plan allows insiders to pre‑arrange periodic sales regardless of short‑term developments; such sales can be routine and may not reflect a change in insider sentiment.
• For retail investors: purchases tend to be more informative about insider conviction than scheduled sales, but tracking size, frequency and whether sales are under 10b5-1 plans can help you interpret insider activity.