Form 4 for HOOD Robinhood Markets
Accepted 2024-10-02 00:00:00 ET · period of report 2024-09-30 · accession 0001783879-24-000279 · 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 | 2024-10-02 | 2024-10-01 | HOOD | RUBINSTEIN JONATHAN | Dir | M - OptEx | — | +2,521 | 24.2K | +12% | — |
| D | 2024-10-02 | 2024-09-30 | HOOD | RUBINSTEIN JONATHAN | Dir | A - Grant | — | +1,334 | 21.7K | +7% | — |
| D | 2024-10-02 | 2024-10-01 | HOOD | RUBINSTEIN JONATHAN | Dir | M - OptEx | — | -2,521 | 7,564 | -25% | — |
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 | 2024-10-01 | M | A | 2,521 | — | 24,229 | D | — | — | (F2) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. |
| 2 | Common | Class A Common Stock | 2024-09-30 | A | A | 1,334 | — | 21,708 | D | — | — | (F1) On September 30, 2024, the Reporting Person was automatically granted 1,334 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 September 30, 2024 closing price of $23.42 per share of Class A Common Stock, and these shares were fully vested upon grant. |
| 3 | Derivative | Restricted Stock Units | 2024-10-01 | M | D | 2,521 | — | 7,564 | D | — · — to — | 2,521 Class A Common Stock | (F2) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F3) On June 26, 2024, the Reporting Person was granted 10,085 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-fourth (1/4) of these RSUs vested on October 1, 2024, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2025 annual meeting of stockholders), 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. |