Hegeman John William 4

What Happened
John Hegeman, a non-employee director of Robinhood Markets, received an automatic grant of 211 shares of Class A Common Stock on March 31, 2026. The grant was made in lieu of quarterly cash director fees and was valued at the March 31 closing price of $69.30 per share, for a total value of about $14,622.30. The shares were fully vested at grant (transaction code A = Award/Grant) but will be delivered later per Hegeman’s deferral election.

Key Details

• Transaction date and price: 2026-03-31; priced at $69.30 per share (closing price).
• Shares granted: 211 shares; total value ≈ $14,622.30.
• Vesting/delivery: Fully vested upon grant; delivery deferred until the earliest of (1) Dec 1, 2035, (2) termination, (3) death or disability, or (4) a change in control.
• Reason: Award under Robinhood’s Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan (director elected stock in lieu of cash fees).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Form 4 filed Apr 2, 2026 for the Mar 31, 2026 transaction; no late-filing flag indicated.

Context
This is a routine director compensation award (payment in stock rather than cash) and does not represent an open-market purchase or sale. Because the shares were granted as compensation and delivery is deferred, it is a standard governance/compensation matter rather than a direct signal of the director’s short-term view on the stock.