Form 4: Robinhood Director Susan Segal Receives Stock Grant

Robinhood Markets Director Susan Segal received 176 shares of Class A Common Stock as part of her compensation, fully vested upon grant.

Summary

• Susan Segal, a Director of Robinhood Markets, Inc. (HOOD), acquired 176 shares of Class A Common Stock.
• The transaction occurred on December 31, 2025, and was reported on January 5, 2026.
• The shares were granted under Robinhood's Non-Employee Director Compensation Program and the 2021 Omnibus Incentive Plan.
• This grant was made in lieu of cash fees, based on the December 31, 2025 closing price of $113.10 per share.
• The 176 shares were fully vested upon grant.
• Pursuant to a deferral election, the vested shares will be delivered to Ms. Segal upon the earliest of her termination of service, death or disability, or a change in control of Robinhood.

Sentiment

Score: 6

Explanation: The filing reports a routine, expected insider transaction related to director compensation. It's slightly positive as it aligns director interests with shareholders, but it's not a significant market-moving event.

Positives

• The grant of stock aligns the director's financial interests with those of the shareholders, encouraging long-term value creation.
• The shares were fully vested upon grant, indicating immediate ownership rights, albeit with a deferral on delivery.

Future Outlook

The filing indicates that the vested shares will be delivered to the reporting person upon the earliest of termination of service with Robinhood, death or disability, or a change in control of Robinhood.

Industry Context

This transaction represents a routine compensation event for a non-employee director, a common practice across publicly traded companies, particularly in the financial technology sector. Stock-based compensation is widely used to incentivize directors and align their long-term interests with those of the company's shareholders.

Comparison to Industry Standards

• Stock-based compensation for non-employee directors, such as this grant to Susan Segal, is a common practice among publicly traded companies, including peers in the financial technology sector.
• This method is widely adopted to align the interests of directors with those of shareholders, promoting long-term value creation.
• No specific comparable companies or projects are detailed in this filing.

Corporate Governance

Related Party Transactions

• The grant of Class A Common Stock to Director Susan Segal constitutes a related party transaction, as it is compensation provided by Robinhood Markets, Inc. to one of its directors. This transaction is part of the company's established Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan, making it a standard and disclosed form of related party compensation.

Stakeholder Impact

• Shareholders: The stock grant aligns the director's interests with shareholders, potentially fostering decisions that enhance long-term shareholder value.
• Employees: No direct impact on employees is indicated by this filing.

Next Steps

• Delivery of vested shares to Susan Segal upon the earliest of her termination of service with Robinhood, death or disability, or a change in control of Robinhood.

Key Dates

Keywords

Robinhood, HOOD, Form 4, Insider Transaction, Director Compensation, Stock Grant, Equity Compensation, Corporate Governance