Robinhood Chief Brokerage Officer Steven M. Quirk Sells $2.94M in HOOD Stock Under 10b5-1 Plan

Executive Summary

On September 4, 2026, Steven M. Quirk, Chief Brokerage Officer of Robinhood Markets, Inc. ($HOOD), filed a Form 4 reporting open-market sales of 24,416 shares of Class A Common Stock. The sales were executed on September 3, 2026, generating approximately $2.94 million at a volume-weighted average price of approximately $120.33 per share.

Transaction Details

• Security: Class A Common Stock
• Transaction Code: S (Open-market sale)
• Shares Sold: 24,416 shares across multiple tranches:
  • 2,397 shares at weighted average $113.25 ($113.24 - $113.42)
  • 200 shares at weighted average $116.28 ($116.10 - $116.46)
  • 300 shares at weighted average $117.86 ($117.27 - $118.23)
  • 13,208 shares at weighted average $119.93 ($119.07 - $120.01)
  • 400 shares at weighted average $120.63 ($120.21 - $121.01)
  • 800 shares at weighted average $121.70 ($121.32 - $122.12)
  • 3,599 shares at weighted average $122.97 ($122.38 - $123.34)
  • 2,700 shares at weighted average $123.88 ($123.40 - $124.38)
  • 812 shares at weighted average $124.58 ($124.40 - $124.78)
• Total Consideration: $2,937,889.19
• Direct Ownership Post-Transaction: 77,839 shares

Context & Trading Significance

• Plan Trading: All transactions were conducted pursuant to a pre-scheduled Rule 10b5-1 trading plan adopted on November 19, 2025.
• Significance Rating: Medium. While the transaction value is notable at nearly $3 million and represents approximately 23.9% of the reporting person's direct holdings prior to the transactions, it was executed pursuant to a pre-established 10b5-1 plan, mitigating concerns regarding discretionary opportunistic timing.