Baiju Bhatt - Apr 23, 2025 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
/s/ Brandon Webb, attorney-in-fact for Baiju Bhatt
Stock symbol
HOOD
Transactions as of
Apr 23, 2025
Transactions value $
-$2,133,711
Form type
4
Date filed
4/25/2025, 05:08 PM
Previous filing
Apr 17, 2025
Next filing
Apr 30, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Conversion of derivative security +47.1K 47.1K Apr 23, 2025 By Living Trust F1
transaction HOOD Class A Common Stock Sale -$2.13M -47.1K -100% $45.27 0 Apr 23, 2025 By Living Trust F2
holding HOOD Class A Common Stock 7.86K Apr 23, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HOOD Class B Common Stock Conversion of derivative security $0 -47.1K -0.09% $0.00 54.3M Apr 23, 2025 Class A Common Stock 47.1K By Living Trust F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 As part of the transactions effected on April 23, 2025 pursuant to the Rule 10b5-1 trading plan adopted by the Baiju Bhatt Living Trust ("Living Trust") on August 12, 2024 ("Bhatt 10b5-1 plan"), the Living Trust sold 47,133 shares of its Class B Common Stock, resulting in an automatic conversion of the same amount of shares into Class A Common Stock upon execution of the sales.
F2 This transaction was effected pursuant to the Bhatt 10b5-1 plan.
F3 Reflects the prior transfer of 2,000,000 shares of Class B Common Stock from the Living Trust to another trust affiliated with the Reporting Person, which transfer effected only a change in the form of beneficial ownership and did not result in any change in the Reporting Person's pecuniary interest in such shares.