[Form 4] Robinhood Markets, Inc. Insider Trading Activity
SEC Form 4 for Robinhood Markets (HOOD) reports that Chief Brokerage Officer Steven M. Quirk disposed of 40,131 Class A shares on 08/05/2025. The stock was sold in multiple trades at prices ranging from $103.29-$107.15, producing a weighted-average price of $104.7081.
After the transaction, Quirk’s direct stake falls to 120,408 shares. The sale was made under a pre-arranged Rule 10b5-1 plan adopted 11/12/2024, which limits concerns about selective information. No derivative activity or additional insider purchases were disclosed.
Il modulo SEC Form 4 per Robinhood Markets (HOOD) segnala che il Chief Brokerage Officer Steven M. Quirk ha venduto 40.131 azioni di Classe A il 05/08/2025. Le azioni sono state cedute in più operazioni a prezzi compresi tra $103,29 e $107,15, con un prezzo medio ponderato di $104,7081.
Dopo la transazione, la partecipazione diretta di Quirk scende a 120.408 azioni. La vendita è stata effettuata nell'ambito di un piano predefinito Rule 10b5-1 adottato il 12/11/2024, che riduce le preoccupazioni riguardo all'uso di informazioni privilegiate. Non sono state segnalate attività su derivati o acquisti aggiuntivi da parte di insider.
El formulario SEC Form 4 para Robinhood Markets (HOOD) informa que el Director de Corretaje Steven M. Quirk Ի徱ó 40,131 acciones Clase A el 05/08/2025. Las acciones se vendieron en múltiples transacciones a precios que oscilaron entre $103.29 y $107.15, con un precio promedio ponderado de $104.7081.
Tras la operación, la participación directa de Quirk se reduce a 120,408 acciones. La venta se realizó bajo un plan preestablecido Rule 10b5-1 adoptado el 12/11/2024, lo que limita las preocupaciones sobre el uso de información privilegiada. No se reportaron actividades con derivados ni compras adicionales de insiders.
Robinhood Markets(HOOD)� 대� SEC Form 4 보고서에 따르� 최고중개책임� Steven M. Quirk가 2025� 8� 5일에 40,131� 클래� A 주식� 처분했습니다. 주식은 여러 거래에서 $103.29에서 $107.15 사이� 가격으� 매도되었으며, 가중평� 가격은 $104.7081입니�.
거래 � Quirk� 직접 보유 지분은 120,408주로 감소했습니다. � 매도� 2024� 11� 12� 채택� Rule 10b5-1 사전 계획� 따라 이루어져 내부 정보 이용 우려� 제한합니�. 파생상품 거래� 추가 내부� 매수� 보고되지 않았습니�.
Le formulaire SEC Form 4 pour Robinhood Markets (HOOD) indique que le Chief Brokerage Officer Steven M. Quirk a cédé 40 131 actions de Classe A le 05/08/2025. Les actions ont été vendues lors de plusieurs transactions à des prix allant de 103,29 $ à 107,15 $, avec un prix moyen pondéré de 104,7081 $.
Après la transaction, la participation directe de Quirk tombe à 120 408 actions. La vente a été réalisée dans le cadre d’un plan préétabli Rule 10b5-1 adopté le 12/11/2024, ce qui limite les inquiétudes liées à l’utilisation d’informations privilégiées. Aucune activité sur dérivés ni achat supplémentaire d’initiés n’a été déclaré.
Das SEC-Formular 4 für Robinhood Markets (HOOD) berichtet, dass der Chief Brokerage Officer Steven M. Quirk am 05.08.2025 40.131 Class A Aktien veräußert hat. Die Aktien wurden in mehreren Transaktionen zu Preisen zwischen 103,29 $ und 107,15 $ verkauft, mit einem gewichteten Durchschnittspreis von 104,7081 $.
Nach der Transaktion sinkt Quirks direkter Anteil auf 120.408 Aktien. Der Verkauf erfolgte im Rahmen eines vorab vereinbarten Rule 10b5-1 Plans, der am 12.11.2024 angenommen wurde, was Bedenken hinsichtlich selektiver Informationen einschränkt. Es wurden keine Derivatgeschäfte oder zusätzliche Insiderkäufe gemeldet.
- Sale executed under a pre-disclosed Rule 10b5-1 plan, reducing potential insider-trading concerns and demonstrating governance compliance.
- High-level executive reduced direct holdings by 40,131 shares, which may be interpreted as a lack of confidence in near-term valuation.
Insights
TL;DR: Senior officer sells ~40k HOOD shares; modest size, 10b5-1 plan limits negative read-through.
The sale represents roughly a high-five-figure reduction but leaves Quirk with over 120k shares, indicating he retains meaningful exposure. At a ~$104.7 average, proceeds total ~$4.2 million. Because the transaction is under a 10b5-1 plan, it is less likely to signal short-term pessimism, yet insider selling—particularly from top brokerage leadership—can weigh on sentiment in the near term. No operational metrics or strategic commentary accompany the filing, so the market impact should be limited unless followed by additional officer sales.
TL;DR: Routine, transparent 10b5-1 sale; governance risk minimal but optics mildly negative.
Use of an established 10b5-1 plan underscores adequate governance controls and reduces litigation risk. The filing meets full disclosure standards, listing weighted-average pricing and offering to supply detailed trade data. However, insider dispositions can trigger perception of overvaluation, especially when a C-suite member trims holdings just above $100. Still, his remaining 120k-plus shares align incentives with shareholders, and no red flags (e.g., clustered sales, derivatives, pledging) are present.
Il modulo SEC Form 4 per Robinhood Markets (HOOD) segnala che il Chief Brokerage Officer Steven M. Quirk ha venduto 40.131 azioni di Classe A il 05/08/2025. Le azioni sono state cedute in più operazioni a prezzi compresi tra $103,29 e $107,15, con un prezzo medio ponderato di $104,7081.
Dopo la transazione, la partecipazione diretta di Quirk scende a 120.408 azioni. La vendita è stata effettuata nell'ambito di un piano predefinito Rule 10b5-1 adottato il 12/11/2024, che riduce le preoccupazioni riguardo all'uso di informazioni privilegiate. Non sono state segnalate attività su derivati o acquisti aggiuntivi da parte di insider.
El formulario SEC Form 4 para Robinhood Markets (HOOD) informa que el Director de Corretaje Steven M. Quirk Ի徱ó 40,131 acciones Clase A el 05/08/2025. Las acciones se vendieron en múltiples transacciones a precios que oscilaron entre $103.29 y $107.15, con un precio promedio ponderado de $104.7081.
Tras la operación, la participación directa de Quirk se reduce a 120,408 acciones. La venta se realizó bajo un plan preestablecido Rule 10b5-1 adoptado el 12/11/2024, lo que limita las preocupaciones sobre el uso de información privilegiada. No se reportaron actividades con derivados ni compras adicionales de insiders.
Robinhood Markets(HOOD)� 대� SEC Form 4 보고서에 따르� 최고중개책임� Steven M. Quirk가 2025� 8� 5일에 40,131� 클래� A 주식� 처분했습니다. 주식은 여러 거래에서 $103.29에서 $107.15 사이� 가격으� 매도되었으며, 가중평� 가격은 $104.7081입니�.
거래 � Quirk� 직접 보유 지분은 120,408주로 감소했습니다. � 매도� 2024� 11� 12� 채택� Rule 10b5-1 사전 계획� 따라 이루어져 내부 정보 이용 우려� 제한합니�. 파생상품 거래� 추가 내부� 매수� 보고되지 않았습니�.
Le formulaire SEC Form 4 pour Robinhood Markets (HOOD) indique que le Chief Brokerage Officer Steven M. Quirk a cédé 40 131 actions de Classe A le 05/08/2025. Les actions ont été vendues lors de plusieurs transactions à des prix allant de 103,29 $ à 107,15 $, avec un prix moyen pondéré de 104,7081 $.
Après la transaction, la participation directe de Quirk tombe à 120 408 actions. La vente a été réalisée dans le cadre d’un plan préétabli Rule 10b5-1 adopté le 12/11/2024, ce qui limite les inquiétudes liées à l’utilisation d’informations privilégiées. Aucune activité sur dérivés ni achat supplémentaire d’initiés n’a été déclaré.
Das SEC-Formular 4 für Robinhood Markets (HOOD) berichtet, dass der Chief Brokerage Officer Steven M. Quirk am 05.08.2025 40.131 Class A Aktien veräußert hat. Die Aktien wurden in mehreren Transaktionen zu Preisen zwischen 103,29 $ und 107,15 $ verkauft, mit einem gewichteten Durchschnittspreis von 104,7081 $.
Nach der Transaktion sinkt Quirks direkter Anteil auf 120.408 Aktien. Der Verkauf erfolgte im Rahmen eines vorab vereinbarten Rule 10b5-1 Plans, der am 12.11.2024 angenommen wurde, was Bedenken hinsichtlich selektiver Informationen einschränkt. Es wurden keine Derivatgeschäfte oder zusätzliche Insiderkäufe gemeldet.