Key facts
- This page summarizes Frances X. Frei's Form 4 filing for Robinhood Markets, Inc. (HOOD).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 27 Jun 2024, 18:50.
Frances X. Frei - 25 Jun 2024 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)
- Reporting relationship
- Director
- Issuer ticker
- HOOD
- Reported as of
- 25 Jun 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 27 Jun 2024, 18:50:30 UTC
- Prior SEC filing
- 04 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brandon Webb, attorney-in-fact for Frances Frei
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Frances X. Frei filed Form 4 for Robinhood Markets, Inc. (HOOD) on 27 Jun 2024.
Change
- Previous filing in this sequence was filed on 04 Jun 2024.
- Current net transaction value: $0.
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
Options Exercise
- Transaction value
- Shares
- +7,234
- Change %
- +8.8%
- Price
- Shares after
- 89,587
- Date
- 25 Jun 2024
- Ownership
- Direct
- Footnotes
- F1
HOOD
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +853
- Change %
- +0.95%
- Price
- Shares after
- 90,440
- Date
- 25 Jun 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HOOD
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -5,625
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 25 Jun 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 5,625
- Exercise price
- Footnotes
- F1, F3
HOOD
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,609
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 25 Jun 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,609
- Exercise price
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Frances X. Frei is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
Footnote F2
On June 25, 2024, the Reporting Person was automatically granted 853 shares of Class A 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 (the "2021 Plan"). This grant was made in lieu of cash fees, based on the June 25, 2024 closing price of $22.14 per share of Class A Common Stock, and these shares were fully vested upon grant.
Footnote F3
On June 20, 2023, the Reporting Person was granted 22,500 RSUs under Robinhood's 2021 Plan. One-fourth (1/4) of these RSUs vested on October 1, 2023, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment vested on the day before Robinhood's 2024 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.
Footnote F4
On November 15, 2021 the Reporting Person was granted 6,435 RSUs under Robinhood's 2021 Plan. One-twelfth (1/12) of these RSUs vested on March 1, 2022, with the remainder scheduled to vest in eleven (11) 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. In connection with the end of the Reporting Person's term as a director of Robinhood, all shares remaining unvested as of June 25, 2024 became fully vested on the same day, as approved by Robinhood's Board of Directors.