Verma Shiv 4
4 · Robinhood Markets, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Robinhood CFO Shiv Verma Sells 5,436 Shares
What Happened
Shiv Verma, Chief Financial Officer of Robinhood Markets (HOOD), sold a total of 5,436 shares on May 15, 2026 for aggregate proceeds of $420,536. The dispositions comprised 3,686 shares at a weighted-average price of $77.13 (proceeds $284,298) and 1,750 shares at a weighted-average price of $77.85 (proceeds $136,238). These were sales (not purchases) and thus are commonly viewed as routine insider selling rather than a bullish purchase signal.
Key Details
- Transaction date: May 15, 2026. Filing date: May 19, 2026 (filed within the typical two-business-day Form 4 window).
- Reported prices and proceeds: 3,686 shares @ $77.13 = $284,298; 1,750 shares @ $77.85 = $136,238; total = $420,536.
- Execution details (footnotes): Sales were effected under a 10b5‑1 trading plan adopted Aug 20, 2025 (F1). Each lot was executed in multiple trades during the day — one set ranged $76.57–$77.47 (F2) and the other $77.59–$78.12 (F3); the filing reports weighted-average prices and the reporting person will provide full trade-by-trade details upon request.
- Shares owned after the transaction: not disclosed in the provided filing.
- Filing timeliness: filing date matches typical timely reporting (May 19 for May 15 trades).
Context: The sales were made under a prearranged 10b5‑1 plan, which commonly indicates the trades were scheduled in advance and can reduce the weight investors place on the insider’s market-timing intent. Sales are routine for insiders (e.g., diversification or tax planning); they do not, by themselves, indicate changed expectations about the company’s prospects.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-15$77.13/sh−3,686$284,298→ 49,061 total - Sale
Class A Common Stock
[F1][F3]2026-05-15$77.85/sh−1,750$136,238→ 47,311 total
Footnotes (3)
- [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 $76.57 to $77.47. 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 $77.59 to $78.12. 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.