Baiju Bhatt - Nov 17, 2025 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
/s/ Matthew Yorkavich, attorney-in- fact for Baiju Bhatt
Stock symbol
HOOD
Transactions as of
Nov 17, 2025
Transactions value $
-$48,762,400
Form type
4
Date filed
11/19/2025, 04:31 PM
Previous filing
Nov 10, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bhatt Baiju Director C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK /s/ Matthew Yorkavich, attorney-in- fact for Baiju Bhatt 2025-11-19 0001870914

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Conversion of derivative security +418K 418K Nov 17, 2025 By Living Trust F1
transaction HOOD Class A Common Stock Sale -$4.4M -38.9K -9.31% $113.08 379K Nov 17, 2025 By Living Trust F2, F3
transaction HOOD Class A Common Stock Sale -$5.11M -44.9K -11.83% $113.81 335K Nov 17, 2025 By Living Trust F2, F4
transaction HOOD Class A Common Stock Sale -$3.48M -30.3K -9.06% $114.94 304K Nov 17, 2025 By Living Trust F2, F5
transaction HOOD Class A Common Stock Sale -$9.12M -78.7K -25.87% $115.95 226K Nov 17, 2025 By Living Trust F2, F6
transaction HOOD Class A Common Stock Sale -$7.8M -66.6K -29.55% $117.06 159K Nov 17, 2025 By Living Trust F2, F7
transaction HOOD Class A Common Stock Sale -$9.94M -84.3K -53.08% $117.84 74.6K Nov 17, 2025 By Living Trust F2, F8
transaction HOOD Class A Common Stock Sale -$4.42M -37.1K -49.81% $118.95 37.4K Nov 17, 2025 By Living Trust F2, F9
transaction HOOD Class A Common Stock Sale -$3.77M -31.4K -84.04% $119.83 5.97K Nov 17, 2025 By Living Trust F2, F10
transaction HOOD Class A Common Stock Sale -$721K -5.97K -100% $120.70 0 Nov 17, 2025 By Living Trust F2, F11
holding HOOD Class A Common Stock 887 Nov 17, 2025 Direct

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 Class B Common Stock Conversion of derivative security $0 -418K -0.88% $0.00 47.3M Nov 17, 2025 Class A Common Stock 418K By Living Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 As part of the transactions effected on November 17, 2025 pursuant to the Rule 10b5-1 trading plan adopted by the Baiju Bhatt Living Trust ("Living Trust") on August 12, 2024 ("Bhatt 10b5-1 plan"), the Living Trust sold an aggregate of 418,338 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
F2 This transaction was effected pursuant to the Bhatt 10b5-1 plan.
F3 This transaction was executed in multiple trades during the day at prices ranging from $112.46 to $113.45. 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.
F4 This transaction was executed in multiple trades during the day at prices ranging from $113.46 to $114.45. 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.
F5 This transaction was executed in multiple trades during the day at prices ranging from $114.46 to $115.45. 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.
F6 This transaction was executed in multiple trades during the day at prices ranging from $115.46 to $116.45. 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.
F7 This transaction was executed in multiple trades during the day at prices ranging from $116.46 to $117.45. 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.
F8 This transaction was executed in multiple trades during the day at prices ranging from $117.46 to $118.45. 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.
F9 This transaction was executed in multiple trades during the day at prices ranging from $118.46 to $119.45. 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.
F10 This transaction was executed in multiple trades during the day at prices ranging from $119.46 to $120.45. 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.
F11 This transaction was executed in multiple trades during the day at prices ranging from $120.46 to $120.95. 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.