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Bhatt Baiju's Form 4 filing

Robinhood Markets, Inc. (HOOD) · filed Apr 25, 2024

Accession no.
0001783879-24-000120
Filed
Apr 25, 2024
Trade date
Apr 23, 2024
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $2.71M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Bhatt BaijuCIK 0001870914Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Apr 23, 2024Class A Common StockCConversionAcquired+154,160–F1–154,160Indirect
Apr 23, 2024Class A Common StockSSaleDisposed−154,160$17.61F3−$2,714,757.60Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Apr 23, 2024Class A Common StockCConversionDisposed−154,160$0.00$058,541,928Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

As part of the transaction effected on April 23, 2024 pursuant to the Rule 10b5-1 trading plan adopted by the Living Trust on September 13, 2023 ("Bhatt 10b5-1 plan"), the Living Trust sold 154,160 shares of it's Class B Common Stock, resulting in an automatic conversion of the shares into Class A Common Stock upon execution of the sale.

Referenced by the price of 1 transaction in Table I.

F3

This transaction was executed in multiple trades during the day at prices ranging from $17.09 to $17.81. 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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)