Verma Shiv 4

What Happened
Shiv Verma, Chief Financial Officer of Robinhood Markets, was granted 236,308 restricted stock units (RSUs) on March 19, 2026. The award is reported as a derivative acquisition at $0.00 per share (typical for RSU grants) and will convert into Class A common stock on a one-for-one basis upon vesting.

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (timely filing).
• Award: 236,308 RSUs; reported acquisition price: $0.00 (derivative award).
• Shares owned after transaction: not disclosed in this Form 4.
• Vesting schedule (summary from filing): staged quarterly vesting with 10% vesting on June 1, 2026 and each subsequent three-month anniversary until 40% is vested; 7.5% tranches beginning at 15 months until an additional 30% vests; 5% tranches beginning at 27 months until an additional 20% vests; and 2.5% tranches beginning at 39 months until the final 10% vests. Vesting is subject to continued service and may accelerate in certain circumstances.
• Footnote: RSUs convert one-for-one into Class A common stock upon vesting.

Context
This is a compensation grant (award), not an open-market purchase or sale. Such grants are common for executive pay and do not by themselves indicate immediate buying or selling sentiment. Because these are RSUs, no shares are issued until vesting occurs.