Verma Shiv 4

What Happened

• Shiv Verma, Chief Financial Officer of Robinhood Markets (HOOD), disposed of a total of 5,474 shares in open‑market sales on February 17, 2026. The sales were executed in four reported tranches: 900 shares @ $73.44 ($66,100); 1,160 shares @ $74.67 ($86,612); 2,614 shares @ $75.54 ($197,471); and 800 shares @ $76.36 ($61,091). Total proceeds were approximately $411,274.
• These were sales (transaction code S), which are often routine cash‑raising or allocation events rather than a bullish signal.

Key Details

• Transaction date: 2026-02-17; Form 4 filed 2026-02-19 (timely filing).
• Reported prices and values: see tranche list above; aggregate = 5,474 shares for ~$411,274.
• Footnotes: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted Aug 20, 2025 (F1). Each tranche was executed in multiple trades with reported intra‑day price ranges: 73.08–74.00 (F2); 74.13–75.02 (F3); 75.18–76.11 (F4); 76.18–76.50 (F5). The reporting person offers to provide full breakdowns on request.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

• These were prearranged open‑market sales under a 10b5‑1 plan, which typically allow insiders to sell shares on a preset schedule. That structure reduces the chance the trades were based on nonpublic, contemporaneous information, but it does not speak to motivation.
• For retail investors: purchases by insiders are often considered stronger signals than routine sales; this filing documents a modest, scheduled disposition by the CFO rather than an acquisition.