Hegeman John William 4

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.