Form 4 for HOOD Robinhood Markets
Accepted 2024-09-04 00:00:00 ET · period of report 2024-09-01 · accession 0001783879-24-000257 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-09-04 | 2024-09-01 | HOOD | Quirk Steven M. | Chief Brokerage Off | F - Tax | $20.12 | -42.4K | 554.3K | -7% | -$852.1K |
| D | 2024-09-04 | 2024-09-01 | HOOD | Quirk Steven M. | Chief Brokerage Off | M - OptEx | — | +95.6K | 596.7K | +19% | — |
| DM | 2024-09-04 | 2024-09-01 | HOOD | Quirk Steven M. | Chief Brokerage Off | M - OptEx | $0.00 | -95.6K | 280.0K | -25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-09-01 | F | D | 42,350 | $20.12 | 554,311 | D | — | — | (F2) Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 95,595 RSUs and does not represent a sale by the Reporting Person. |
| 2 | Common | Class A Common Stock | 2024-09-01 | M | A | 95,595 | — | 596,661 | D | — | — | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. |
| 3 | Derivative | Restricted Stock Units | 2024-09-01 | M | D | 50,762 | $0.00 | 0 | D | — · — to — | 50,762 Class A Common Stock | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F3) On September 7, 2022, the Reporting Person was granted 406,091 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-eighth (1/8) of these RSUs vested on December 1, 2022, with the remainder scheduled to vest in seven (7) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. |
| 4 | Derivative | Restricted Stock Units | 2024-09-01 | M | D | 16,837 | $0.00 | 235,723 | D | — · — to — | 16,837 Class A Common Stock | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F5) On March 20, 2024, the Reporting Person was granted 269,397 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2024, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. |
| 5 | Derivative | Restricted Stock Units | 2024-09-01 | M | D | 27,996 | $0.00 | 279,956 | D | — · — to — | 27,996 Class A Common Stock | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F4) On March 22, 2023, the Reporting Person was granted 447,929 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2023, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. |