JONATHAN RUBINSTEIN - 30 Jun 2024 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
/s/ Brandon Webb, attorney-in-fact for Jonathan Rubinstein
Issuer symbol
HOOD
Transactions as of
30 Jun 2024
Transactions value $
$0
Form type
4
Filing time
02 Jul 2024, 18:18:14 UTC
Previous filing
27 Jun 2024
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Award +1.38K +3.66% 39.1K 30 Jun 2024 Direct F1, F2
holding HOOD Class A Common Stock 118K 30 Jun 2024 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2 On June 30, 2024, the Reporting Person was automatically granted 1,381 shares of Class A under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the June 28, 2024 closing price of $22.71 per share of Class A Common Stock, and these shares were fully vested upon grant.