Steven M. Quirk - Dec 1, 2024 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Chief Brokerage Officer
Signature
/s/ Brandon Webb, attorney-in-fact for Steven M. Quirk
Stock symbol
HOOD
Transactions as of
Dec 1, 2024
Transactions value $
-$745,582
Form type
4
Date filed
12/3/2024, 06:44 PM
Previous filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Options Exercise +44.8K +12.11% 415K Dec 1, 2024 Direct F1
transaction HOOD Class A Common Stock Sale -$746K -19.9K -4.79% $37.54 395K Dec 1, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HOOD Restricted Stock Units Options Exercise $0 -28K -10% $0.00 252K Dec 1, 2024 Class A Common Stock 28K Direct F1, F3
transaction HOOD Restricted Stock Units Options Exercise $0 -16.8K -7.14% $0.00 219K Dec 1, 2024 Class A Common Stock 16.8K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2 Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 44,832 RSUs and does not represent a sale by the Reporting Person.
F3 On March 22, 2023, the Reporting Person was granted 447,929 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-sixteenth (1/16) of these RSUs vested on June 1, 2023, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
F4 On March 20, 2024, the Reporting Person was granted 269,397 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2024, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.