Verma Shiv 4
4 · Robinhood Markets, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Robinhood CFO Shiv Verma Sells 5,438 Shares
What Happened
Shiv Verma, Chief Financial Officer of Robinhood Markets (HOOD), sold a total of 5,438 shares in open-market transactions on March 16, 2026, generating approximately $407,856 in proceeds. The sales were executed in two reported blocks: 4,166 shares at a weighted-average price of $74.87 ($311,923) and 1,272 shares at a weighted-average price of $75.42 ($95,933). These were sales (not purchases), commonly routine liquidation rather than a disclosed purchase signal.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (filed within the required two business days).
- Prices and ranges:
- 4,166 shares, weighted-average $74.87; executed in multiple trades at $74.31–$75.30 (Footnote F2).
- 1,272 shares, weighted-average $75.42; executed in multiple trades at $75.31–$75.60 (Footnote F3).
- Total proceeds reported: $407,856 (sum of both blocks).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Notable footnote: Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted August 20, 2025 (Footnote F1). The reporting person also undertakes to provide full trade-level details on request (F2/F3).
Context
A 10b5-1 plan indicates these trades were pre-scheduled under an established trading arrangement, which is common for executives managing liquidity or diversification and does not by itself indicate a change in view on the company. Sales reduce insider holdings but are not the same signal as an open-market purchase, which many investors view as more indicative of insider confidence.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-16$74.87/sh−4,166$311,923→ 59,455 total - Sale
Class A Common Stock
[F1][F3]2026-03-16$75.42/sh−1,272$95,933→ 58,183 total
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $74.31 to $75.30. 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.
- [F3]This transaction was executed in multiple trades during the day at prices ranging from $75.31 to $75.60. 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.