SEC Form 4 · accession 0001870914-26-000023
Robinhood Markets, Inc. · HOOD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Baiju Bhatt
Director
Period of report
Aug 14, 2026
Accepted (ET)
Aug 18, 2026 · 4:39 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 | Aug 14, 2026 | C | 50,317 | — | A | 50,317 | I | By Living Trust |
| Class A Common StockF3 | Aug 14, 2026 | S | 17,271 | $95.8481 | D | 33,046 | I | By Living Trust |
| Class A Common StockF4 | Aug 14, 2026 | S | 27,245 | $97.1915 | D | 5,801 | I | By Living Trust |
| Class A Common StockF5 | Aug 14, 2026 | S | 5,801 | $97.7854 | 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 | — | Aug 14, 2026 | C | 50,317 | D | — | — | Class A Common Stock | 50,317 | 46,848,939 | I |
Explanation of responses
- F1As part of the transactions effected on August 14, 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 50,317 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 $95.49 to $96.44. 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 $96.57 to $97.56. 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 $97.57 to $98.33. 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.