Form 4: Robinhood CFO Shiv Verma Reports Stock Transactions

Robinhood Markets, Inc. CFO Shiv Verma has reported transactions involving Class A Common Stock and Restricted Stock Units, including acquisitions and shares withheld for tax obligations.

Summary

• Shiv Verma, Chief Financial Officer of Robinhood Markets, Inc., has filed a Form 4 detailing changes in beneficial ownership of company stock.
• The transactions occurred on June 1, 2026, and involved Class A Common Stock and Restricted Stock Units (RSUs).
• Verma acquired 33,322 shares of Class A Common Stock through the vesting and settlement of RSUs.
• Additionally, 233 shares were acquired under the Robinhood Markets, Inc. 2021 Employee Share Purchase Plan.
• Shares totaling 16,955 were withheld by Robinhood to cover tax obligations related to RSU vesting.
• The filing also details the vesting schedules for RSUs granted on March 19, 2025, and March 19, 2026, under the 2021 Omnibus Incentive Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine equity vesting and tax withholding transactions by a company executive, without indicating significant buying or selling pressure.

Positives

• Acquisition of 33,322 shares of Class A Common Stock through RSU vesting indicates continued equity ownership by the CFO.
• Acquisition of 233 shares under the Employee Share Purchase Plan suggests participation in employee ownership programs.
• The detailed vesting schedules for RSUs demonstrate a structured long-term incentive plan for key management.

Negatives

• 16,955 shares were withheld by the company to satisfy tax obligations, representing a reduction in the net shares received by the reporting person.

Risks

• The vesting schedules for RSUs are subject to continued service with Robinhood, implying a risk of forfeiture if employment ceases before vesting.
• Accelerated vesting in certain circumstances could lead to unexpected changes in beneficial ownership.

Future Outlook

The filing details complex vesting schedules for RSUs granted in 2025 and 2026, indicating a structured approach to equity compensation over several years, contingent on continued employment.

Management Comments

• The filing is signed by Shiv Verma, Chief Financial Officer, via his attorney-in-fact, Matthew Yorkavich.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in publicly traded companies, providing transparency into stock ownership and trading activities of key executives and directors.

Stakeholder Impact

• Shareholders: Increased transparency into the equity holdings of the CFO.
• Employees: The Employee Share Purchase Plan and RSU grants highlight the company's approach to employee compensation and retention.
• Management: The transactions reflect the CFO's ongoing compensation and equity participation in the company.

Next Steps

• Continued vesting of RSUs according to the schedules outlined in the filing, subject to continued service.
• Potential future transactions by Shiv Verma related to his equity holdings.

Key Dates

Keywords

Form 4, SEC Filing, Robinhood Markets, HOOD, Shiv Verma, CFO, Class A Common Stock, Restricted Stock Units, RSUs, Beneficial Ownership, Stock Transactions, Vesting, Employee Share Purchase Plan, Tax Withholding