Hegeman John William 4
4 · Robinhood Markets, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) Director John Hegeman Receives 3,289 RSUs
What Happened
John William Hegeman, a director of Robinhood Markets, Inc., was granted 3,289 restricted stock units (RSUs) on June 2, 2026. The award was recorded at $0.00 (no cash paid) and is a derivative compensation award that will convert one-for-one into Class A common stock upon vesting. This is a standard non-employee director compensation grant, not a market purchase or sale.
Key Details
- Transaction date and price: June 2, 2026; grant price reported as $0.00.
- Amount: 3,289 RSUs granted under Robinhood’s 2021 Omnibus Incentive Plan and the Non-Employee Director Compensation Program.
- Vesting: 1/4 of RSUs vest on October 1, 2026; the remainder vests in three equal quarterly installments thereafter (final installment no later than the day before Robinhood’s 2027 annual meeting), subject to continued service and certain accelerated vesting conditions.
- Delivery deferral: Vested shares will be delivered upon the earliest of (1) termination of service, (2) 12/1/2035, (3) death or disability, or (4) a change in control, per a deferral election.
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: Form 4 filed 2026-06-03 reporting the 2026-06-02 grant; appears to be timely.
Context
RSUs are a common form of director compensation and represent a right to receive shares in the future upon vesting; they do not represent immediate open-market buying or selling. Because delivery is deferred until vesting/settlement (or other triggering events), this grant does not translate to immediate shares available for sale and should be viewed primarily as compensation rather than an insider market signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-06-02+3,289→ 3,289 total→ Class A Common Stock (3,289 underlying)
Footnotes (3)
- [F1]Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- [F2]This RSU award represents the Reporting Person's annual grant pursuant to the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood") and was granted automatically on the date of Robinhood's annual meeting of stockholders.
- [F3]On June 2, 2026, the Reporting Person was granted 3,289 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-fourth (1/4) of these RSUs will vest on October 1, 2026, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2027 annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) the termination of his service with Robinhood, (2) 12/1/2035, (3) his death or disability, or (4) a change in control of Robinhood.