Key facts
- This page summarizes Forest Baskett's Form 4 filing for Robinhood Markets, Inc. (HOOD).
- 9 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 01 Feb 2022, 18:17.
Forest Baskett - 28 Jan 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)
- Reporting relationship
- Director
- Issuer ticker
- HOOD
- Reported as of
- 28 Jan 2022
- Net transaction value
- -$29,598
- SEC form
- 4
- Accepted by SEC
- 01 Feb 2022, 18:17:04 UTC
- Prior SEC filing
- 05 Jan 2022
- Next SEC filing
- 13 Apr 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Louis Citron, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Forest Baskett filed Form 4 for Robinhood Markets, Inc. (HOOD) on 01 Feb 2022.
Change
- Previous filing in this sequence was filed on 05 Jan 2022.
- Current net transaction value: -$29,598.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HOOD
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -21,794,173
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 43,588,345
- Date
- 28 Jan 2022
- Ownership
- See Note 2
- Footnotes
- F1, F2
HOOD
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +326,913
- Change %
- +1503%
- Price
- $0.000000
- Shares after
- 348,657
- Date
- 28 Jan 2022
- Ownership
- See Note 4
- Footnotes
- F3, F4
HOOD
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -348,657
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 Jan 2022
- Ownership
- See Note 4
- Footnotes
- F4, F5
HOOD
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -2,028,736
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 4,057,472
- Date
- 28 Jan 2022
- Ownership
- See Note 7
- Footnotes
- F6, F7
HOOD
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +30,431
- Change %
- +140%
- Price
- $0.000000
- Shares after
- 52,175
- Date
- 28 Jan 2022
- Ownership
- See Note 9
- Footnotes
- F8, F9
HOOD
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -52,175
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 Jan 2022
- Ownership
- See Note 9
- Footnotes
- F9, F10
HOOD
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +18,934
- Change %
- Price
- $0.000000
- Shares after
- 18,934
- Date
- 28 Jan 2022
- Ownership
- See Note 12
- Footnotes
- F11, F12
HOOD
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +1,952
- Change %
- +1502%
- Price
- $0.000000
- Shares after
- 2,082
- Date
- 28 Jan 2022
- Ownership
- See Note 15
- Footnotes
- F13, F14, F15
HOOD
transaction
Class A Common Stock
Sale
- Transaction value
- $29,598
- Shares
- -2,082
- Change %
- -100%
- Price
- $14.22
- Shares after
- 0
- Date
- 31 Jan 2022
- Ownership
- See Note 15
- Footnotes
- F15, F16
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 16 footnotes
Footnote F1
New Enterprise Associates 15, L.P. ("NEA 15") made a pro rata distribution for no consideration of an aggregate of 21,794,173 shares of Class A Common Stock of the Issuer to its general partner and limited partners on January 28, 2022.
Footnote F2
The Reporting Person is a manager of NEA 15 GP, LLC ("NEA 15 GP"), which is the sole general partner of NEA Partners 15, L.P. ("NEA Partners 15"). NEA Partners 15 is the sole general partner of NEA 15, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 15 in which the Reporting Person has no pecuniary interest.
Footnote F3
NEA Partners 15 received 326,913 shares of Class A Common Stock of the Issuer in the distribution by NEA 15 on January 28, 2022.
Footnote F4
The Reporting Person is a manager of NEA 15 GP, which is the sole general partner of NEA Partners 15, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA Partners 15 in which the Reporting Person has no pecuniary interest.
Footnote F5
NEA Partners 15 made a pro rata distribution for no consideration of an aggregate of 348,657 shares of Class A Common Stock of the Issuer to its limited partners on January 28, 2022.
Footnote F6
New Enterprise Associates 17, L.P. ("NEA 17") made a pro rata distribution for no consideration of an aggregate of 2,028,736 shares of Class A Common Stock of the Issuer to its general partner and limited partners on January 28, 2022.
Footnote F7
The Reporting Person is a manager of NEA 17 GP, LLC ("NEA 17 GP"), which is the sole general partner of NEA Partners 17, L.P. ("NEA Partners 17"). NEA Partners 17 is the sole general partner of NEA 17, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 17 in which the Reporting Person has no pecuniary interest.
Footnote F8
NEA Partners 17 received 30,431 shares of Class A Common Stock of the Issuer in the distribution by NEA 17 on January 28, 2022.
Footnote F9
The Reporting Person is a manager of NEA 17 GP, which is the sole general partner of NEA Partners 17, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA Partners 17 in which the Reporting Person has no pecuniary interest.
Footnote F10
NEA Partners 17 made a distribution for no consideration of an aggregate of 52,175 shares of Class A Common Stock of the Issuer to a limited partner on January 28, 2022.
Footnote F11
The Baskett-McKay Family Trust dtd 3/12/14 (the "Baskett Trust") received 18,934 shares of Class A Common Stock of the Issuer in the distribution by NEA Partners 15 on January 28, 2022.
Footnote F12
The Reporting Person is a trustee of the Baskett Trust, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the 1934 Act, as amended, or otherwise of such portion of the securities held by the Baskett Trust in which the Reporting Person has no pecuniary interest.
Footnote F13
New Enterprise Associates, LLC ("NEA LLC") received 1,952 shares of Class A Common Stock of the Issuer in the distribution by NEA 15 on January 28, 2022.
Footnote F14
Includes 65 shares of Class A Common Stock of the Issuer received by NEA LLC in a distribution by NEA 15 on October 27, 2021 and 65 shares of Class A Common Stock of the Issuer received by NEA LLC in a distribution by NEA 15 on November 10, 2021 and in each case not previously reported.
Footnote F15
The Reporting Person is a member of the Board of Directors of NEA LLC, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA LLC in which the Reporting Person has no pecuniary interest.
Footnote F16
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.1799 to $14.23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (16) to this Form 4.
SEC remarks
Scott D. Sandell, the Managing General Partner at New Enterprise Associates, Inc. and a manager of NEA 15 GP and NEA 17 GP, has been deputized to represent the Reporting Person on the board of directors of the Issuer. By virtue of Mr. Sandell's representation, for purposes of Section 16 of the Securities Exchange Act of 1934, the Reporting Person may be deemed a director by deputization of the Issuer. Mr. Sandell has filed a separate Section 16 report disclosing securities of the Issuer that he may be deemed to beneficially own for Section 16 purposes.