SEC Form 4 · accession 0001870914-26-000021
Robinhood Markets, Inc. · HOOD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Baiju Bhatt
Director
Period of report
Jul 24, 2026
Accepted (ET)
Jul 28, 2026 · 4:37 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001783879
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jul 24, 2026 | C | 49,223 | — | A | 49,223 | I | By Living Trust |
| Class A Common StockF3 | Jul 24, 2026 | S | 4,500 | $93.7739 | D | 44,723 | I | By Living Trust |
| Class A Common StockF4 | Jul 24, 2026 | S | 23,752 | $94.6953 | D | 20,971 | I | By Living Trust |
| Class A Common StockF5 | Jul 24, 2026 | S | 17,071 | $95.4895 | D | 3,900 | I | By Living Trust |
| Class A Common StockF6 | Jul 24, 2026 | S | 2,100 | $96.6033 | D | 1,800 | I | By Living Trust |
| Class A Common StockF7 | Jul 24, 2026 | S | 1,500 | $97.682 | D | 300 | I | By Living Trust |
| Class A Common StockF8 | Jul 24, 2026 | S | 300 | $99.4867 | D | 0 | I | By Living Trust |
| Class A Common Stock | holding | — | — | — | 3,703 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | — | Jul 24, 2026 | C | 49,223 | D | — | — | Class A Common Stock | 49,223 | 46,899,256 | I |
Explanation of responses
- F1As part of the transactions effected on July 24, 2026 pursuant to the Rule 10b5-1 trading plan adopted by the Baiju Bhatt Living Trust ("Living Trust") on November 13, 2025 ("Bhatt 10b5-1 plan"), the Living Trust sold an aggregate of 49,223 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.
- F2This transaction was effected pursuant to the Bhatt 10b5-1 plan.
- F3This transaction was executed in multiple trades during the day at prices ranging from $93.17 to $94.16. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- F4This transaction was executed in multiple trades during the day at prices ranging from $94.17 to $95.16. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- F5This transaction was executed in multiple trades during the day at prices ranging from $95.17 to $96.15. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- F6This transaction was executed in multiple trades during the day at prices ranging from $96.26 to $97.03. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- F7This transaction was executed in multiple trades during the day at prices ranging from $97.33 to $98.00. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- F8This transaction was executed in multiple trades during the day at prices ranging from $99.15 to $99.92. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.