Insider trade

Officer sold ~$460K of HOOD shares in the open market

Traded May 4, 2026 · Filed May 6, 2026

~$460K
Reported value · 6,000 sh @ $76.6312: 437K
Holds after · shares reported: +45.2%
stock since the trade · S&P 500 +6.4%, $76.55 → $111.15 on Oct 1

Why it stands out

Robinhood Markets's Chief Legal Officer sold $460K 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: May 4, 2026
Reporting period: Not applicable
Filed with the SEC: May 6, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$459,787

Shares × reported transaction price

Timing vs results

6 days after results of Apr 28, 2026, 86 days before results of Jul 29, 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 $76.55 on May 4, 2026, 59% above its 52-week low and 50% below its high, after an 8% rise over the previous 30 trading days

52-week range $48.05 (May 5, 2025) to $152.46 (Oct 9, 2025), 27% of the way up, from 251 adjusted closes. 30 trading days earlier: $70.89 on Mar 20, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 63 workers was filed in California on June 16, 2026.

From the official state WARN list, 43 days after the trade. Shown for timing only; the two filings are separate

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	+5.8%	+2.3%	+3.5%
30 days	+11.5%	+1.0%	+10.4%
90 days	+21.7%	+5.2%	+16.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001705560-26-000011
Filed / recorded: May 6, 2026, 8:32 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: May 4, 2026
Transaction code: S
Shares / units: 6,000
Price per share: $76.6312
Acquired / disposed: Disposed (D)
Shares owned after: 436,649
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 $75.95 to $76.94. 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 ~$399K of Robinhood Markets

Scheduled in advance4mo ago

Officer sold ~$353K of Robinhood Markets

Scheduled in advance4mo ago

Officer sold ~$68K of Robinhood Markets

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