Robinhood Markets Inc.
Baiju Bhatt (Director) sells HOOD shares
AI-generated summary
Director Baiju Bhatt converted 50,912 shares of Class B Common Stock into Class A Common Stock indirectly by Living Trust on October 21, 2026. The Living Trust then sold 50,912 shares of Class A Common Stock for a total value of $5,162,452.23 at an average price of $101.40. Following these transactions, the Living Trust held 0 shares of Class A Common Stock directly or indirectly. The transactions were made under a Rule 10b5-1 trading plan adopted on November 13, 2025.
Key facts
- Insider
- Baiju Bhatt · Director
Rule 10b5-1 plan
| Date | Transaction | Shares | Price | Value | Held after | Ownership |
|---|---|---|---|---|---|---|
| Oct 21, 2026 | C · conversionFootnotes F1 | +50,912 | — | — | 50,912 | Indirect (By Living Trust) |
| Oct 21, 2026 | S · open-market saleFootnotes F2, F3 | −10,500 | $99.47 | $1,044,440.25 | 40,412 | Indirect (By Living Trust) |
| Oct 21, 2026 | S · open-market saleFootnotes F2, F4 | −6,000 | $100.38 | $602,251.20 | 34,412 | Indirect (By Living Trust) |
| Oct 21, 2026 | S · open-market saleFootnotes F2, F5 | −11,232 | $101.72 | $1,142,508.93 | 23,180 | Indirect (By Living Trust) |
| Oct 21, 2026 | S · open-market saleFootnotes F2, F6 | −23,180 | $102.38 | $2,373,251.85 | 0 | Indirect (By Living Trust) |
| Oct 21, 2026 | C · conversionClass B Common StockFootnotes F1 | −50,912 | $0.00 | $0.00 | 46,754,654 | Indirect (By Living Trust) |
Footnotes
- F1 As part of the transactions effected on October 21, 2026 pursuant to the Rule 10b5-1 trading plan adopted by the Baiju Bhatt Living Trust ("Living Trust") on November 13, 2025 ("Bhatt 10b5-1 plan"), the Living Trust sold an aggregate of 50,912 shares of its Class B Common Stock, resulting in an automatic conversion of the same amount of shares into Class A Common Stock upon execution of the sales.
- F2 This transaction was effected pursuant to the Bhatt 10b5-1 plan.
- F3 This transaction was executed in multiple trades during the day at prices ranging from $98.96 to $99.95. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- F4 This transaction was executed in multiple trades during the day at prices ranging from $99.96 to $100.94. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- F5 This transaction was executed in multiple trades during the day at prices ranging from $101.01 to $102.00. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
- F6 This transaction was executed in multiple trades during the day at prices ranging from $102.01 to $102.87. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made.
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Not investment advice. Summaries can contain errors; the SEC filing is the official record.