Form 4: Robinhood Markets Director Baiju Bhatt Executes Stock Sale Under 10b5-1 Plan

Baiju Bhatt, a director at Robinhood Markets, sold 94,156 shares of Class A Common Stock on May 9, 2025, as part of a pre-arranged trading plan.

Summary

• On May 9, 2025, Baiju Bhatt, a director of Robinhood Markets, Inc., executed a sale of 94,156 shares of Class A Common Stock.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan established by the Baiju Bhatt Living Trust on August 12, 2024.
• The transaction involved the sale of Class B Common Stock, which automatically converted into Class A Common Stock upon the sale.
• The price per share for the sale was $55.34.
• Following the transaction, Bhatt directly owns 7,863 shares of Class A Common Stock and indirectly owns 54,150,363 shares through a living trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider stock sale under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information. The impact on the stock price is usually minimal unless the sale is unusually large or unexpected.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact due to the pre-arranged nature of the sale.

Key Dates

Keywords

Robinhood Markets, Baiju Bhatt, Form 4, Stock Sale, 10b5-1 Plan, Class A Common Stock, Director, Beneficial Ownership