Robinhood Markets Officer Shiv Verma Files Form 144 to Sell $1.31M in Common Stock
Robinhood Markets, Inc.
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Filing Summary
Form 144 Notice of Proposed Sale • Company: Robinhood Markets, Inc. ($HOOD) • Insider: Shiv Verma (Officer) • Proposed Sale: 11,472 shares (~$1,311,594 market value) • Approx. Sale Date: 09/15/2026 • Plan Status: Rule 10b5-1 adopted on 08/20/2025 • Broker: Morgan Stanley Smith Barney LLC
Comprehensive Analysis
Form 144 Filing Overview: Robinhood Markets, Inc. ($HOOD)
Officer Shiv Verma filed a Form 144 notice on September 15, 2026, indicating the intention to sell 11,472 shares of Common Stock with an estimated aggregate market value of $1,311,593.76.
Key Transaction Details:
- Filer: Shiv Verma
- Role: Officer
- Securities to be Sold: 11,472 Common shares
- Aggregate Market Value: $1,311,593.76 (~$114.33/share)
- Acquisition Origin: Shares were acquired on 09/01/2025 via Restricted Stock Unit (RSU) vesting.
- Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on August 20, 2025.
- Broker: Morgan Stanley Smith Barney LLC
Past 3 Months Activity:
- 08/17/2026: Sold 3,982 shares for gross proceeds of $378,568.74 (Rule 10b5-1)
- 07/15/2026: Sold 3,982 shares for gross proceeds of $456,774.62 (Rule 10b5-1)
Significance:
This proposed sale represents scheduled liquidity under a pre-established Rule 10b5-1 trading plan adopted over a year prior. Given the planned nature and modest size relative to the issuer's total shares outstanding (790.63M shares), market impact is expected to be neutral to low.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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