Form 4: Robinhood's Chief Technology Officer, Jeffrey Pinner, Sells Shares Under 10b5-1 Plan

Jeffrey Pinner, Chief Technology Officer of Robinhood Markets, Inc., sold 5,853 shares of Class A Common Stock on April 7, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On April 7, 2025, Jeffrey Pinner, the Chief Technology Officer of Robinhood Markets, Inc., sold 5,853 shares of Class A Common Stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on November 11, 2024.
• The shares were sold at a weighted-average price of $34.5051, with individual trades ranging from $30.74 to $36.13.
• Following the transaction, Mr. Pinner continues to directly own 5,853 shares of Robinhood's Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a planned stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by executives are a normal part of corporate governance. The use of a 10b5-1 plan indicates the executive is selling shares according to a pre-arranged schedule to avoid accusations of insider trading.

Stakeholder Impact

• The sale of shares by a high-ranking executive could have a minor impact on shareholder sentiment, though the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Robinhood, Jeffrey Pinner, Chief Technology Officer, Form 4, SEC, Share Sale, 10b5-1 Trading Plan, Class A Common Stock