Hegeman John William 4

What Happened
John William Hegeman, a non-employee director of Robinhood Markets, received an award of 162 shares of Class A common stock on June 30, 2026. The grant was made in lieu of quarterly cash director fees under Robinhood’s Non-Employee Director Compensation Program and the 2021 Omnibus Incentive Plan. The grant used the June 30, 2026 closing price of $100.28 per share, giving a total value of approximately $16,245.36. The shares were fully vested at grant but delivery is deferred per the director’s deferral election.

Key Details

• Transaction date: 2026-06-30 (reported on Form 4 filed 2026-07-02).
• Transaction type/code: Award/Grant (A).
• Shares granted: 162; price used for valuation: $100.28; total value ≈ $16,245.36.
• Vesting/delivery: Shares were fully vested on grant, but delivery will occur upon the earliest of (1) December 1, 2035, (2) the director’s termination, (3) their death or disability, or (4) a change in control.
• Plans: Issued under Robinhood’s Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan.
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Form 4 was filed July 2, 2026, which is within the typical two-business-day reporting window.

Context
This is a routine director compensation award made in lieu of cash fees and is classified as an award rather than an open-market purchase or sale. Such grants are common for non-employee directors and reflect compensation policy rather than an explicit buy/sell signal by the insider.