Robinhood (HOOD) CFO Shiv Verma Sells 11,472 Shares

What Happened Shiv Verma, Chief Financial Officer of Robinhood Markets (HOOD), sold a total of 11,472 shares in open-market transactions on September 15, 2026, generating approximately $1,266,788 in proceeds. The sales were executed in six reported lots: 300 shares at $106.18 ($31,853); 1,851 shares at $109.23 ($202,179); 6,032 shares at $110.26 ($665,080); 1,289 shares at $111.08 ($143,185); 1,800 shares at $112.18 ($201,926); and 200 shares at $112.83 ($22,565). These are sales (routine disposition) rather than purchases.

Key Details

• Transaction date: September 15, 2026; Form 4 filed September 17, 2026 (timely; Form 4 due within two business days).
• Prices: per-lot weighted-average prices shown above; intra-day execution ranges reported across lots from $106.08 up to $112.83.
• Total shares sold: 11,472; total proceeds: ~$1.27 million.
• Shares owned after transaction: Not included in the supplied filing details.
• Footnotes: The filing notes at least one lot was effected pursuant to a Rule 10b5-1 trading plan adopted August 20, 2025. Other lots were executed in multiple trades during the day; the filing reports weighted-average prices and offers to provide full trade-level details on request.
• Transaction code: S = Sale.

Context Insider sales can be routine (e.g., diversification or plan-driven) and do not alone indicate management sentiment about the company’s outlook. The presence of a 10b5-1 trading plan for at least one lot suggests some sales were pre-planned.