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

Jeffrey Pinner, Chief Technology Officer of Robinhood Markets, Inc., sold 5,853 shares of Class A Common Stock on April 25, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On April 25, 2025, Jeffrey Tsvi Pinner, the Chief Technology Officer of Robinhood Markets, Inc., sold 5,853 shares of Class A Common Stock.
• The sale was executed at a weighted-average price of $49.2721 per share, with individual trades ranging from $48.79 to $49.94.
• This transaction was conducted under a Rule 10b5-1 trading plan adopted by Pinner on November 11, 2024.
• Following the transaction, Pinner's direct ownership of Robinhood's Class A Common Stock is 0 shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but insider sales can sometimes be viewed cautiously by investors.

Industry Context

Sales by company insiders are a common occurrence, but are closely scrutinized by investors. Sales under a 10b5-1 trading plan are generally viewed as less concerning because the plan is established in advance.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

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