Robinhood Chief Legal Officer Daniel Gallagher Sells $1.22M in Class A Shares Under Rule 10b5-1 Plan

Executive Summary

On September 3, 2026, Daniel Martin Gallagher Jr, Chief Legal Officer of Robinhood Markets, Inc. ($HOOD), disposed of 10,000 shares of Class A Common Stock across multiple price tranches ranging from $113.45 to $124.84, generating total gross proceeds of approximately $1.22 million at a weighted-average price of ~$122.43 per share.

Transaction Details

• Security: Class A Common Stock
• Total Shares Sold: 10,000
• Total Consideration: $1,224,335.12
• Ownership After Transaction: 509,943 direct shares
• Rule 10b5-1 Trading Plan: Yes (Plan adopted on August 8, 2025)

Significance & Market Impact

• Significance Level: Low
• Context: The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan established over a year prior (August 8, 2025). The sale represents less than 2% of Mr. Gallagher's reported direct equity holdings in Robinhood, leaving him with a substantial ongoing stake of 509,943 shares.