Insider trade

Officer sold ~$538K of HOOD shares in the open market

Traded Jan 5, 2026 · Filed Jan 7, 2026

~$538K
Reported value · 4,384 sh @ $122.8165: 404K
Holds after · shares reported: -9.8%
stock since the trade · S&P 500 +11.1%, $123.24 → $111.15 on Oct 1

Why it stands out

Robinhood Markets's Chief Legal Officer sold $538K of Robinhood Markets shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jan 5, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 7, 2026

Officer$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$538,428

Shares × reported transaction price

Timing vs results

61 days after results of Nov 5, 2025, 25 days before results of Jan 30, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $123.24 on Jan 5, 2026, 261% above its 52-week low and 19% below its high, after a 4% rise over the previous 30 trading days

52-week range $34.17 (Apr 8, 2025) to $152.46 (Oct 9, 2025), 75% of the way up, from 250 adjusted closes. 30 trading days earlier: $118.16 on Nov 19, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-4.4%	+0.4%	-4.8%
30 days	-25.0%	+0.6%	-25.6%
90 days	-37.8%	-2.0%	-35.8%
180 days	-2.2%	+8.4%	-10.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001783879-26-000002
Filed / recorded: Jan 7, 2026, 9:30 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Robinhood Markets, Inc.
Issuer CIK: 1783879
Ticker: HOOD
Reporting person: Daniel Martin Jr Gallagher
Relationship: Officer
Officer title: Chief Legal Officer
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Jan 5, 2026
Transaction code: S
Shares / units: 4,384
Price per share: $122.8165
Acquired / disposed: Disposed (D)
Shares owned after: 403,612
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 8, 2025.
This transaction was executed in multiple trades during the day at prices ranging from $122.32 to $123.28. 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.

Around the same time

Officer sold ~$234K of Robinhood Markets

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Officer sold ~$191K of Robinhood Markets

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