Robinhood Co-Founder & Director Baiju Bhatt Sells $4.96M in HOOD via 10b5-1 Plan

Executive Summary

On September 10, 2026, Robinhood Markets, Inc. ($HOOD) Director and Co-Founder Baiju Bhatt executed the sale of 43,373 shares of Class A Common Stock through the Baiju Bhatt Living Trust for a total value of approximately $4.96 million.

Transaction Details

• Conversion & Disposition: 43,373 shares of Class B Common Stock were converted to Class A Common Stock and subsequently sold in multiple tranches on September 10, 2026.
• Price Breakdown:
  • 2,400 shares at a weighted average price of $112.7717
  • 15,984 shares at a weighted average price of $113.7372
  • 18,889 shares at a weighted average price of $114.5114
  • 6,000 shares at a weighted average price of $115.5387
  • 100 shares at $116.26
• Aggregate Sales Proceeds: $4,956,491.52
• Effective Average Price: ~$114.28 per share

10b5-1 Trading Plan

All transactions reported were conducted pursuant to a pre-arranged Rule 10b5-1 trading plan established by the Baiju Bhatt Living Trust on November 13, 2025.

Post-Transaction Holdings

Following the transactions:

• Class B Common Stock: 46,805,566 shares held indirectly via the Living Trust.
• Class A Common Stock: 3,703 shares held directly; 0 shares held indirectly via the Living Trust.
• Impact: The sale represents less than 0.1% of the insider's total underlying equity holding in Robinhood Markets, Inc.