Form 4: Robinhood CFO Verma Reports RSU Vesting, Tax Withholding
Insider Transaction Report
Robinhood Markets, Inc. Chief Financial Officer Shiv Verma reported the vesting of restricted stock units and subsequent share disposition for tax obligations.
Summary
- Shiv Verma, Chief Financial Officer of Robinhood Markets, Inc., reported transactions on March 1, 2026.
- Acquired 24,278 shares of Class A Common Stock through the vesting and settlement of Restricted Stock Units (RSUs).
- Disposed of 12,428 shares of Class A Common Stock to satisfy tax withholding obligations in connection with the RSU vesting, at a price of $75.85 per share.
- Beneficially owns 63,621 shares of Class A Common Stock following these reported transactions.
- Details of RSU grants from March 24, 2022 (68,682 RSUs), March 10, 2024 (28,245 RSUs), and March 19, 2025 (129,228 RSUs) under Robinhood's 2021 Omnibus Incentive Plan were provided, outlining their respective vesting schedules.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While there's a disposition of shares, it's solely for tax purposes, and the underlying RSU vesting demonstrates continued executive equity ownership and long-term incentive alignment.
Positives
- CFO Shiv Verma continues to increase direct ownership in Robinhood Markets, Inc. through RSU vesting, aligning his interests with shareholders.
- The vesting of RSUs indicates the fulfillment of long-term incentive compensation plans for key management.
Negatives
- A portion of the vested shares (12,428 shares) was disposed of to cover tax withholding obligations, which is a common practice but reduces the immediate net increase in direct ownership.
Future Outlook
The filing details future vesting schedules for RSUs, indicating continued long-term incentive alignment for the CFO, subject to continued service with Robinhood.
Industry Context
StockSavvy.ai notes that insider transaction reports like this Form 4 are routine disclosures for publicly traded companies, reflecting standard equity compensation practices for executives. The vesting of RSUs and subsequent tax-related sales are common occurrences and generally do not signal a change in company fundamentals or strategic direction within the financial technology sector.
Stakeholder Impact
- Shareholders: The CFO's continued equity ownership through RSU vesting aligns management's interests with those of shareholders, potentially fostering long-term value creation. The tax-related sale is a standard practice and does not indicate a lack of confidence.
Next Steps
- Remaining RSUs from the March 24, 2022 grant are scheduled to vest in fifteen equal quarterly installments after June 1, 2022.
- Remaining RSUs from the March 10, 2024 grant are scheduled to vest in three equal quarterly installments after June 1, 2025.
- Remaining RSUs from the March 19, 2025 grant are scheduled to vest according to a staggered quarterly schedule until fully vested.
Key Dates
| Date | Description |
|---|---|
| 2022-03-24 | Reporting Person granted 68,682 RSUs under Robinhood's 2021 Omnibus Incentive Plan. |
| 2022-06-01 | One-sixteenth of the 68,682 RSUs granted on March 24, 2022, vested. |
| 2024-03-10 | Reporting Person granted 28,245 RSUs under Robinhood's 2021 Omnibus Incentive Plan. |
| 2025-03-19 | Reporting Person granted 129,228 RSUs under Robinhood's 2021 Omnibus Incentive Plan. |
| 2025-06-01 | One-fourth of the 28,245 RSUs granted on March 10, 2024, vested. Also, ten percent of the 129,228 RSUs granted on March 19, 2025, vested. |
| 2026-03-01 | Transaction date for RSU vesting and share disposition for tax withholding. |
| 2026-03-03 | Signature date of the filing. |
Keywords
Robinhood Markets, HOOD, Shiv Verma, CFO, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Share Ownership, Tax Withholding, Equity Compensation
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