Verma Shiv 4
Research Summary
AI-generated summary
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.