Robinhood Director Jonathan Rubinstein Acquires Shares via Board Retainer and RSU Vesting
Robinhood Markets, Inc.
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Filing Summary
### Robinhood Markets, Inc. ($HOOD) Form 4 Filing
**Insider:** Jonathan Rubinstein (Director)
**Filing Date:** October 2, 2026
**Transaction Date:** September 30, 2026 – October 1, 2026
**Transactions:**
• **Class A Common Stock Grant (Code A):** 333 shares acquired at $112.50/share ($37,462.50 value) in lieu of cash director fees.
• **RSU Settlement (Code M):** 822 shares acquired upon vesting of restricted stock units at $0.00.
**Holdings Following Transactions:**
• Direct Ownership: 1,155 Class A shares
• Indirect Ownership (Trust): 150,133 Class A shares
• Derivative RSUs Remaining: 2,467
**Significance:** Low (Routine non-employee director compensation and planned quarterly vesting).
Comprehensive Analysis
Executive Summary
On October 2, 2026, Robinhood Markets, Inc. ($HOOD) director Jonathan Rubinstein reported routine equity compensation transactions involving Class A Common Stock. The transactions include an automated award of stock in lieu of quarterly cash board fees and the partial vesting and settlement of previously granted restricted stock units (RSUs).
Transaction Breakdown
-
Stock in Lieu of Director Fees (September 30, 2026):
- Shares Acquired: 333 shares of Class A Common Stock (Transaction Code A).
- Implicit Price: $112.50 per share (based on closing market price on September 30, 2026).
- Total Value: $37,462.50.
- Terms: Fully vested upon grant under the company's Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan.
-
RSU Vesting & Settlement (October 1, 2026):
- Shares Acquired: 822 shares of Class A Common Stock (Transaction Code M) upon conversion of 822 RSUs on a 1-for-1 basis.
- Remaining RSUs: 2,467 RSUs from the June 2, 2026 grant remain scheduled to vest in three equal quarterly installments.
Ownership Profile Post-Transaction
- Direct Holdings: 1,155 shares of Class A Common Stock.
- Indirect Holdings: 150,133 shares of Class A Common Stock held via trust (reflecting an earlier pecuniary-neutral transfer of 373 shares).
- Total Beneficial Ownership: 151,288 Class A Common shares (plus 2,467 unvested RSUs).
Trading Significance
The filing represents standard, scheduled equity compensation rather than discretionary open-market buying or selling. As such, it carries a Low trading significance rating for investors.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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