Form 4: Robinhood CFO Shiv Verma Executes Stock Sale

Robinhood Markets, Inc. CFO Shiv Verma sold 3,984 shares of Class A Common Stock on June 15, 2026, pursuant to a Rule 10b5-1 trading plan.

Summary

• Shiv Verma, Chief Financial Officer of Robinhood Markets, Inc., sold 3,984 shares of Class A Common Stock.
• The shares were sold at a price of $98.84 per share.
• The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on August 20, 2025.
• Following the transaction, the reporting person retains beneficial ownership of 59,927 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed via a pre-planned 10b5-1 arrangement, which is a routine administrative action for corporate officers.

Positives

• The sale was conducted under a pre-planned Rule 10b5-1 trading plan, which is designed to avoid concerns regarding insider trading by scheduling sales in advance.

Negatives

• The transaction represents a reduction in the direct equity stake held by a key executive.

Risks

• None identified in this specific filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that executive stock sales under 10b5-1 plans are standard corporate practice and generally do not signal a change in company fundamentals or management sentiment.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives to liquidate equity positions while maintaining regulatory compliance.

Stakeholder Impact

• Minimal impact on shareholders as the sale was pre-planned and represents a small portion of the executive's total holdings.

Key Dates

Keywords

Robinhood, HOOD, Insider Trading, CFO, Form 4, Equity Sale