Baiju Bhatt - 31 Dec 2025 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: 31 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 05 Jan 2026, 17:03:00 UTC
Previous filing: 19 Nov 2025
Next filing: 25 Feb 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	05 Jan 2026	0001870914

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Award		+110	+12%		997	31 Dec 2025	Direct	F1
transaction	HOOD	Class A Common Stock	Options Exercise		+801	+80%		1,798	01 Jan 2026	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	-801	-33%	$0.000000	1,601	01 Jan 2026	Class A Common Stock	801		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 31, 2025, the Reporting Person was automatically granted 110 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc.("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the December 31, 2025 closing price of $113.10 per share of Class A Common Stock, and these shares were fully vested upon grant.
F2	Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F3	On June 25, 2025, the Reporting Person was granted 3,202 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-fourth (1/4) of these RSUs vested on October 1, 2025, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2026 annual meeting of stockholders), 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.