Form 4: Robinhood Director Susan Segal Receives Stock Grant

Robinhood Markets, Inc. reports that Director Susan Segal was granted 243 shares of Class A Common Stock under the company's Non-Employee Director Compensation Program.

Summary

• Director Susan Segal received a grant of 243 shares of Class A Common Stock on June 30, 2026.
• This grant was part of the Non-Employee Director Compensation Program and was made in lieu of cash fees.
• The shares were valued at $100.28 each based on the closing price on the grant date.
• The shares were fully vested upon grant but will be delivered upon the earliest of termination of service, death, disability, or a change in control of Robinhood.
• This transaction is filed under Rule 10b5-1(c) for the purchase or sale of equity securities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine director compensation and does not indicate significant new developments or changes in the company's financial performance.

Positives

• Director compensation is being aligned with shareholder interests through stock grants.
• The shares were fully vested upon grant, indicating immediate ownership for the director.
• The grant was made in lieu of cash, potentially preserving company cash reserves.

Negatives

• The value of the stock grant is subject to market fluctuations until delivery.
• The deferral of delivery means the director does not have immediate access to the shares.

Risks

• The value of the deferred shares could decrease before delivery.
• Potential for conflicts of interest if the director's decisions are influenced by the timing of share delivery.

Future Outlook

Vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) the termination of their service with Robinhood, (2) their death or disability, or (3) a change in control of Robinhood.

Industry Context

StockSavvy.ai notes that stock grants to directors are a common practice in the fintech and technology sectors, aligning executive and director compensation with shareholder value and company performance.

Corporate Governance

Related Party Transactions

• Grant of 243 shares of Class A Common Stock to Director Susan Segal under the company's compensation program.

Stakeholder Impact

• Shareholders: The grant aligns director incentives with shareholder value, but the deferred delivery means the director's full benefit is contingent on future events.
• Employees: No direct impact, but reflects standard compensation practices for board members.
• Management: No direct impact, but reflects the company's compensation structure for its board.

Next Steps

• Delivery of granted shares to Susan Segal upon the occurrence of specific events (termination, death, disability, change in control).

Key Dates

Keywords

Robinhood Markets, HOOD, Form 4, Susan Segal, Director Compensation, Class A Common Stock, Stock Grant, Beneficial Ownership, SEC Filing, Rule 10b5-1