Robinhood Files 8-K on Operations & Financial Condition

Ticker: HOOD · Form: 8-K · Filed: Jan 31, 2024 · CIK: 1783879

Robinhood Markets, INC. 8-K Filing Summary
FieldDetail
CompanyRobinhood Markets, INC. (HOOD)
Form Type8-K
Filed DateJan 31, 2024
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$0.0001
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: financial-condition, regulation-fd, corporate-filing

TL;DR

**Robinhood just dropped an 8-K about its financials, get ready for potential news.**

AI Summary

On January 31, 2024, Robinhood Markets, Inc. filed an 8-K to report on its 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure'. This filing indicates that Robinhood is providing an update on its financial performance, likely ahead of a full earnings report, and ensuring that any material non-public information is simultaneously disclosed to the public. For investors, this matters because it provides early insight into the company's financial health and operational performance, which can influence stock price (HOOD) and investment decisions.

Why It Matters

This filing signals that Robinhood is providing an update on its financial performance, which can impact investor sentiment and the stock's valuation.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial information, not indicating any immediate adverse events or significant risks.

Analyst Insight

A smart investor would monitor Robinhood's news channels closely for the full financial results or specific disclosures that this 8-K foreshadows, as these will contain the actionable details regarding the company's performance.

Key Players & Entities

Forward-Looking Statements

FAQ

What is the primary purpose of this 8-K filing by Robinhood Markets, Inc.?

The primary purpose of this 8-K filing, dated January 31, 2024, is to report on 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure', indicating an update on the company's financial performance and ensuring fair disclosure of information.

What is Robinhood Markets, Inc.'s trading symbol and where is its stock registered?

Robinhood Markets, Inc.'s trading symbol is HOOD, and its Class A Common Stock is registered on The Nasdaq Stock Market LLC.

What is the address of Robinhood Markets, Inc.'s principal executive offices?

The address of Robinhood Markets, Inc.'s principal executive offices is 85 Willow Road, Menlo Park, CA 94025.

Under which SEC Act is this Form 8-K filed?

This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

What is the Central Index Key (CIK) for Robinhood Markets, Inc.?

The Central Index Key (CIK) for Robinhood Markets, Inc. is 0001783879.

Filing Stats: 817 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2024-01-31 16:08:13

Key Financial Figures

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. The information contained in Item 7.01 of this report is incorporated herein by reference.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Robinhood's Broker-Dealer Subsidiaries Release Reports Pursuant to SEC Rule 606(a) for the Fourth Quarter of 2023 Robinhood Markets, Inc. ("Robinhood" or the "Company") is furnishing as Exhibits 99.1 and 99.2 hereto the Held NMS Stocks and Options Order Routing Public Reports ("606-Reports") for the fourth quarter of 2023 for each of its broker-dealer subsidiaries, Robinhood Financial LLC ("RHF") and Robinhood Securities, LLC ("RHS"). As subsidiary reports, these 606-Reports do not present the Company's consolidated results. These 606-Reports were prepared to comply with U.S. Securities and Exchange Commission ("SEC") Rule 606(a) of Regulation National Market System (Reg. NMS) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which requires broker-dealers to make available specified quarterly reports regarding the routing of certain non-directed orders. As required by such rule and related regulatory guidance, the 606-Reports present some (but not necessarily all) of the payment for order flow ("PFOF") received from venues to which orders were routed. (As disclosed on the 606-Reports, RHS shares the PFOF it receives with RHF pursuant to a revenue and cost allocation agreement.) The 606-Reports are unaudited, made available without commentary, and should be read together with Robinhood's most recent quarterly and annual consolidated results on Forms 10-Q and 10-K (as well as Robinhood's other SEC filings), which are or will be available on the Financials tab of Robinhood's Investor Relations website at investors.robinhood.com. Robinhood uses the "Overview" tab of its Investor Relations website (accessible at investors.robinhood.com/overview) and its Newsroom (accessible at newsroom.aboutrobinhood.com), as means of disclosing information to the public in a broad, non-exclusionary manner for purposes of the Securities and Exchange Commission's ("SEC") Regulation Fair Disclosure (Reg. FD). Investors

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Robinhood Financial LLC – Held NMS Stocks and Options Order Routing Public Report 99.2 Robinhood Securities, LLC – Held NMS Stocks and Options Order Routing Public Report 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Robinhood Markets, Inc. Date: January 31, 2024 By: /s/ Jason Warnick Name: Jason Warnick Title: Chief Financial Officer

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