Insider trade

Director sold ~$56.3M of HOOD shares in the open market

Traded Aug 28, 2025 · Filed Jul 2, 2026

Why it stands out

A board member of Robinhood Markets sold $56.3M of Robinhood Markets shares. Nobody planned it ahead of time.

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

DirectorIndirect holding$1M+

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$56,255,291

Shares × reported transaction price

Timing vs results

29 days after results of Jul 30, 2025, 64 days before results of Oct 31, 2025

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

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After	Stock	S&P 500	Difference
7 days	-6.5%	-0.3%	-6.3%
30 days	-21.1%	+2.5%	-23.5%

Past results only. Not a forecast.

Represents 539,180 Shares sold by the Malka Trust. The price reported in Column 4 is a weighted average price. The Shares were sold in multiple transactions at prices ranging from $104.00 to $104.94, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
Following the transactions reported in this Form 4, (i) 325,411 shares are held by each of the Aphrodite Trusts, (ii) 3,000,000 shares are held directly by the Malka Kleiner Revocable Trust dated July 16, 2012 (the "Malka Trust") and (iii) one share is held directly by the Tibbir Trust. The Reporting Person serves as trustee of the Malka Trust, and the Reporting Person's immediate family member serves as trustee of the Tibbir Trust and each of the Aphrodite Trusts. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16") except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.