Form 4: Robinhood CFO Jason Warnick Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Jason Warnick, CFO of Robinhood Markets, Inc., reports the vesting and settlement of restricted stock units and associated tax withholding.

Summary

  • On April 1, 2025, Jason Warnick, the Chief Financial Officer of Robinhood Markets, Inc., had 19,290 Restricted Stock Units (RSUs) vest and convert into Class A Common Stock.
  • Robinhood withheld 7,832 shares to satisfy tax withholding obligations related to the vesting of these RSUs.
  • Following these transactions, Warnick directly owns 956,814 shares of Class A Common Stock and 57,870 RSUs.
  • The price per share for the tax withholding was $41.62.
  • The RSUs were granted on March 24, 2022, under Robinhood's 2021 Omnibus Incentive Plan and vest quarterly.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company executive, with no inherently positive or negative implications.

Future Outlook

The remaining RSUs are scheduled to vest in three equal quarterly installments, subject to continued service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.

Stakeholder Impact

  • The vesting of RSUs and subsequent tax withholding impacts the CFO's ownership stake in the company.
  • Shareholders can monitor insider transactions through these filings.

Key Dates

DateDescription
2022-03-24Reporting Person was granted 77,160 RSUs under Robinhood's 2021 Omnibus Incentive Plan
2025-04-0119,290 RSUs vested and settled; tax withholding occurred.
2025-04-02Date of Form 4 filing.

Keywords

Form 4, Robinhood, Jason Warnick, CFO, Restricted Stock Units, RSUs, Class A Common Stock, Beneficial Ownership, Tax Withholding, Vesting

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