Pinner Jeffrey Tsvi 4

What Happened

• Jeffrey Tsvi, Chief Technology Officer of Robinhood Markets, was granted 98,462 restricted stock units (RSUs) on March 19, 2026. The award is reported as an "A" (award/grant) and the RSUs were recorded at $0 acquisition price because they are a deferred equity grant (a derivative award that converts into common stock upon vesting). The filing was submitted on March 23, 2026.

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (appears timely within Section 16 reporting rules).
• Grant: 98,462 RSUs; acquisition price shown as $0 (RSU award).
• Vesting: RSUs convert 1-for-1 into Class A common stock on vesting. 1/16 of the grant vests on June 1, 2026; the remaining 15/16 vests in 15 equal quarterly installments thereafter, subject to continued service and certain acceleration provisions.
• Shares owned after the transaction: not specified in the filing.
• Transaction code: A = Award/Grant (derivative instrument — RSUs).

Context

• This grant is a standard equity compensation award — it does not represent an immediate open-market purchase or sale and does not transfer tradable shares until each RSU vests and is settled. Such grants are commonly used to align executive incentives and will result in new shares being issued upon vesting (potential dilution).