Robinhood Files 8-K for Regulation FD Disclosure
Ticker: HOOD · Form: 8-K · Filed: Dec 4, 2024 · CIK: 1783879
| Field | Detail |
|---|---|
| Company | Robinhood Markets, INC. (HOOD) |
| Form Type | 8-K |
| Filed Date | Dec 4, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001, $190 billion, $5 billion, $47 billion, $145 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulation-fd, disclosure
Related Tickers: HOOD
TL;DR
Robinhood filed an 8-K for a Reg FD disclosure. Check the details for impact.
AI Summary
Robinhood Markets, Inc. filed an 8-K on December 4, 2024, to report a Regulation FD Disclosure. The filing does not contain specific financial figures or new material events beyond the disclosure itself. The company's principal executive offices are located at 85 Willow Road, Menlo Park, CA 94025.
Why It Matters
This filing indicates Robinhood is making a disclosure under Regulation Fair Disclosure, which ensures all investors receive timely and equal access to material information. Investors should review the content of the disclosure for any potential impact on the company's stock.
Risk Assessment
Risk Level: low — The filing is a standard regulatory disclosure and does not appear to contain any immediate negative news or significant financial changes.
Key Players & Entities
- Robinhood Markets, Inc. (company) — Registrant
- December 4, 2024 (date) — Date of earliest event reported
- 85 Willow Road, Menlo Park, CA 94025 (location) — Principal executive offices address
FAQ
What specific information is being disclosed under Regulation FD?
The provided text of the 8-K filing does not specify the content of the Regulation FD disclosure; it only states that the filing is for this purpose.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on December 4, 2024.
What is the principal executive office address for Robinhood Markets, Inc.?
The principal executive office address for Robinhood Markets, Inc. is 85 Willow Road, Menlo Park, CA 94025.
What is the Commission File Number for Robinhood Markets, Inc.?
The Commission File Number for Robinhood Markets, Inc. is 001-40691.
Under which section of the Securities Exchange Act of 1934 is this 8-K filed?
This 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 1,594 words · 6 min read · ~5 pages · Grade level 13.6 · Accepted 2024-12-04 08:33:40
Key Financial Figures
- $0.0001 — which registered Class A Common Stock, $0.0001 par value per share HOOD The Nasdaq Sto
- $190 billion — Assets Under Custody grew to more than $190 billion (up over 15% from October 2024, up over
- $5 billion — n part by customer Net Deposits of over $5 billion in November. Over the last twelve month
- $47 billion — er, Net Deposits have totaled more than $47 billion. In November, Equity Notional Trading
- $145 billion — uity Notional Trading Volumes were over $145 billion (up over 15% from October 2024, up over
- $30 billion — ypto Notional Trading Volumes were over $30 billion (up over 400% from October 2024, up ove
- $6.5 billion — lly, November Margin balances were over $6.5 billion (up over 5% from October 2024, up over
- $26 billion — and total Cash Sweep balances were over $26 billion (up over 2% from October 2024, up over
Filing Documents
- hood-20241204.htm (8-K) — 49KB
- 0001783879-24-000324.txt ( ) — 172KB
- hood-20241204.xsd (EX-101.SCH) — 2KB
- hood-20241204_lab.xml (EX-101.LAB) — 21KB
- hood-20241204_pre.xml (EX-101.PRE) — 12KB
- hood-20241204_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. Robinhood Provides Investor Updates Ahead of its inaugural Investor Day, Robinhood Markets, Inc. ("Robinhood" or the "Company") today provided early insight into certain November 2024 operating data and posted an Investor Day presentation on the Company's investor relations website. November 2024 Early Color In November, Funded Customers grew by over 400 thousand. Assets Under Custody grew to more than $190 billion (up over 15% from October 2024, up over 100% year-over-year), driven in part by customer Net Deposits of over $5 billion in November. Over the last twelve months through November, Net Deposits have totaled more than $47 billion. In November, Equity Notional Trading Volumes were over $145 billion (up over 15% from October 2024, up over 170% year-over-year), Options Contracts Traded were over 150 million (down less than 5% from October 2024, up over 50% year-over-year), and Crypto Notional Trading Volumes were over $30 billion (up over 400% from October 2024, up over 600% year-over-year). Additionally, November Margin balances were over $6.5 billion (up over 5% from October 2024, up over 80% year-over-year), and total Cash Sweep balances were over $26 billion (up over 2% from October 2024, up over 70% year-over-year). The Company plans to release its full November 2024 Operating Data next week. Investor Day Presentation In addition, the Company provided an Investor Day presentation, which investors can find on its website investors.robinhood.com. Definitions of Key Performance Metrics : Assets Under Custody ("AUC") : We define AUC as the sum of the fair value of all equities, options, cryptocurrency and cash held by users in their accounts, net of receivables from users, as of a stated date or period end on a trade date basis. Net Deposits and net market gains (losses) drive the change in AUC in any given period. Funded Customers : We define a Funded Customer as a unique person who has at least o