Form 4: Robinhood Markets Director Sells Shares
Insider Transaction (Form 4)
Baiju Bhatt, a Director of Robinhood Markets, Inc., sold 49,223 shares of common stock on July 24, 2026.
Summary
- Conversion of derivative: acquired 49,223 Class A Common Stock on July 24, 2026; holds 49,223 after (Indirect).
- Open-market sale: disposed of 4,500 Class A Common Stock at $93.77 ($421,983) on July 24, 2026; holds 44,723 after (Indirect).
- Open-market sale: disposed of 23,752 Class A Common Stock at $94.70 ($2,249,203) on July 24, 2026; holds 20,971 after (Indirect).
- Open-market sale: disposed of 17,071 Class A Common Stock at $95.49 ($1,630,101) on July 24, 2026; holds 3,900 after (Indirect).
- Open-market sale: disposed of 2,100 Class A Common Stock at $96.60 ($202,867) on July 24, 2026; holds 1,800 after (Indirect).
- Open-market sale: disposed of 1,500 Class A Common Stock at $97.68 ($146,523) on July 24, 2026; holds 300 after (Indirect).
- Open-market sale: disposed of 300 Class A Common Stock at $99.49 ($29,846) on July 24, 2026 (Indirect).
- Conversion of derivative: disposed of 49,223 Class B Common Stock on July 24, 2026; holds 46,899,256 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $4,680,523 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Baiju Bhatt — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-24 | Conversion of derivative | Class A Common Stock | 49,223 | — | — | 49,223 |
| 2026-07-24 | Open-market sale | Class A Common Stock | 4,500 | $94 | $422.0K | 44,723 |
| 2026-07-24 | Open-market sale | Class A Common Stock | 23,752 | $95 | $2.2M | 20,971 |
| 2026-07-24 | Open-market sale | Class A Common Stock | 17,071 | $95 | $1.6M | 3,900 |
| 2026-07-24 | Open-market sale | Class A Common Stock | 2,100 | $97 | $202.9K | 1,800 |
| 2026-07-24 | Open-market sale | Class A Common Stock | 1,500 | $98 | $146.5K | 300 |
| 2026-07-24 | Open-market sale | Class A Common Stock | 300 | $99 | $29.8K | 0 |
| 2026-07-24 | Conversion of derivative | Class B Common Stock | 49,223 | — | — | 46,899,256 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-24 | Conversion of derivative (49,223 shares) |
| 2026-07-24 | Open-market sale (4,500 shares) |
| 2026-07-24 | Open-market sale (23,752 shares) |
| 2026-07-24 | Open-market sale (17,071 shares) |
| 2026-07-24 | Open-market sale (2,100 shares) |
| 2026-07-24 | Open-market sale (1,500 shares) |
| 2026-07-24 | Open-market sale (300 shares) |
| 2026-07-24 | Conversion of derivative (49,223 shares) |
Keywords
insider transaction, Form 4, HOOD, Robinhood Markets, Inc., bearish, Baiju Bhatt
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