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

Baiju Bhatt, a director at Robinhood Markets, sold 107,608 shares of Class A Common Stock on May 13, 2025, as part of a pre-arranged trading plan.

Summary

• On May 13, 2025, Baiju Bhatt, a director of Robinhood Markets, Inc., executed a sale of 107,608 shares of Class A Common Stock.
• The sale was conducted under a 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 $60.41.
• Following the transaction, Bhatt directly owns 7,863 shares of Class A Common Stock and indirectly owns 54,042,755 shares through a living trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a stock sale under a pre-arranged trading plan, which is a common practice. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Sales by company insiders are a common occurrence, and the use of 10b5-1 plans allows insiders to sell shares over a period of time while avoiding concerns about insider trading. Investors often monitor these filings for insights into management's perspective on the company's stock.

Key Dates

Keywords

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