Robinhood (HOOD) CFO Shiv Verma Sells 3,984 Shares

What Happened Shiv Verma, Chief Financial Officer of Robinhood Markets, sold 3,984 shares in an open-market transaction on June 15, 2026 at $98.84 per share, for proceeds of approximately $393,779. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: June 15, 2026
• Price and quantity: 3,984 shares at $98.84 per share (total ≈ $393,779)
• Transaction type: Sale (open-market/private-sale code S) executed during the trading day at the reported price (per footnote).
• Footnotes: Transaction was made under a Rule 10b5-1 trading plan adopted August 20, 2025 (F1). The filer states they can provide full trade timing/price details on request (F2).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Reported on the same date (June 15, 2026); no late filing indicated.

Context A 10b5-1 plan is a pre-arranged trading plan that allows insiders to sell shares at predetermined times or amounts; such sales are often routine and do not necessarily reflect a change in the insider’s view of the company. For retail investors, purchases can be more informative than routine sales — this filing documents a planned sale and provides the transaction specifics without indicating motive.