Verma Shiv 4
4 · Robinhood Markets, Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Robinhood (HOOD) CFO Shiv Verma Sells 5,436 Shares
What Happened
Shiv Verma, CFO of Robinhood Markets (HOOD), sold a total of 5,436 shares in open-market transactions on April 15, 2026, generating proceeds of approximately $466,717. The sales were executed in multiple trades at weighted-average prices of $83.43, $84.67, $85.65, $86.77 and $87.36 for blocks of 600, 700, 1,571, 2,100 and 465 shares respectively. These were sales (dispositions), not purchases.
Key Details
- Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (appears timely, within the two-business-day window).
- Total shares sold: 5,436; total proceeds: ~$466,717.
- Price execution: multiple trades during the day — reported weighted averages; intra-day ranges noted from $83.15 up to $87.385 across the trades.
- Footnotes: transaction was effected pursuant to a Rule 10b5-1 trading plan adopted Aug 20, 2025 (pre-arranged plan). Each sale notes multiple executions and the reporting person offers to provide detailed trade-by-trade prices to the SEC/issuer/shareholders on request.
- Shares owned after transaction: Not specified in the provided filing.
Context
Sales executed under a Rule 10b5-1 plan are pre-arranged and commonly viewed as routine liquidity events rather than new public signals about the insider’s view. This filing documents dispositions (code S) only — no options exercised, gifts or awards were reported.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-04-15$83.43/sh−600$50,060→ 57,583 total - Sale
Class A Common Stock
[F1][F3]2026-04-15$84.67/sh−700$59,268→ 56,883 total - Sale
Class A Common Stock
[F1][F4]2026-04-15$85.65/sh−1,571$134,556→ 55,312 total - Sale
Class A Common Stock
[F1][F5]2026-04-15$86.77/sh−2,100$182,209→ 53,212 total - Sale
Class A Common Stock
[F1][F6]2026-04-15$87.36/sh−465$40,624→ 52,747 total
Footnotes (6)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $83.15 to $83.87. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- [F3]This transaction was executed in multiple trades during the day at prices ranging from $84.17 to $85.03. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- [F4]This transaction was executed in multiple trades during the day at prices ranging from $85.17 to $86.11. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- [F5]This transaction was executed in multiple trades during the day at prices ranging from $86.26 to $87.25. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- [F6]This transaction was executed in multiple trades during the day at prices ranging from $87.31 to $87.385. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.