Robinhood Director Baiju Bhatt Trust Files Form 144 to Sell $5.0M in HOOD Shares

Executive Summary

On September 10, 2026, the Baiju Prafulkumar Bhatt Living Trust, associated with Robinhood Co-Founder and Director Baiju Prafulkumar Bhatt, filed a Form 144 notice proposing the sale of 43,373 shares of Class A Common Stock of Robinhood Markets, Inc. ($HOOD). The estimated market value of the proposed transaction is $5,000,039.44 (~$115.28 per share).

Transaction & Plan Details

• Security Class: Common Stock
• Proposed Units: 43,373
• Aggregate Market Value: $5,000,039.44
• Approximate Date of Sale: September 10, 2026
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
• Plan Adoption: The sale is being conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on November 13, 2025.

Prior Sales in Past 3 Months

The trust has conducted consistent monthly sales under the same 10b5-1 trading plan:

• August 14, 2026: 50,317 shares sold for $4,870,630.25
• July 24, 2026: 49,223 shares sold for $4,680,526.47
• June 11, 2026: 57,898 shares sold for $5,189,554.06

Significance

The transaction represents continued programmed diversification by the co-founder under a established 10b5-1 trading plan, accounting for a minor fraction of the company's 790,630,234 shares outstanding.