← Back to All Filings

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

Medium SignificanceSeptember 4, 2026 at 9:39:45 PM UTC

Robinhood Markets, Inc.

$HOOD4CIK: 0001783879

Subscribe to track HOOD

Premium users can add ticker alerts and receive realtime notification updates.

Filing Summary

📊 Insider Sale Alert: HOOD Insider: Steven M. Quirk (Chief Brokerage Officer) Company: Robinhood Markets, Inc. ($HOOD) Transaction Date: September 3, 2026 Action: Sold 24,416 shares at ~$120.33 avg ($2,937,889.19 total) Remaining Direct Holdings: 77,839 shares Notes: Executed under a Rule 10b5-1 trading plan adopted on November 19, 2025.

Comprehensive Analysis

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.
Topics:#Robinhood#HOOD#InsiderTrading#StockMarket#SECForm4

Get Real-Time Alerts

Join our community to receive instant notifications when high-significance filings are published

Important Disclaimer

This content is AI-generated from public SEC filings and may contain errors. It is for informational and educational purposes only and is not investment, legal, or tax advice.

The Filing Fool is not a registered investment adviser, broker-dealer, or financial planner. Nothing here is a recommendation or solicitation to buy, sell, or hold any security.

Always do your own due diligence and consult a licensed professional.