Baiju Bhatt - 23 Feb 2026 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
/s/ Matthew Yorkavich, attorney-in- fact for Baiju Bhatt
Issuer symbol
HOOD
Transactions as of
23 Feb 2026
Net transactions value
-$4,749,979
Form type
4
Filing time
25 Feb 2026, 16:32:14 UTC
Previous filing
05 Jan 2026
SEC
View on sec.gov

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 25 Feb 2026 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 +65,694 65,694 23 Feb 2026 By Living Trust F1
transaction HOOD Class A Common Stock Sale $3,065,853 -42,620 -65% $71.93 23,074 23 Feb 2026 By Living Trust F2, F3
transaction HOOD Class A Common Stock Sale $1,497,917 -20,574 -89% $72.81 2,500 23 Feb 2026 By Living Trust F2, F4
transaction HOOD Class A Common Stock Sale $178,728 -2,400 -96% $74.47 100 23 Feb 2026 By Living Trust F2, F5
transaction HOOD Class A Common Stock Sale $7,482 -100 -100% $74.82 0 23 Feb 2026 By Living Trust F2, F6
holding HOOD Class A Common Stock 1,798 23 Feb 2026 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 -65,694 -0.14% $0.000000 47,198,482 23 Feb 2026 Class A Common Stock 65,694 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 February 23, 2026 pursuant to the Rule 10b5-1 trading plan adopted by the Baiju Bhatt Living Trust ("Living Trust") on November 13, 2025 ("Bhatt 10b5-1 plan"), the Living Trust sold an aggregate of 65,694 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 $71.48 to $72.47. 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 $72.48 to $73.44. 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 $73.82 to $74.78. 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 $74.82 to $74.82. 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.