SC 13G/A: Robinhood Markets, Inc.
Ticker: HOOD · Form: SC 13G/A · Filed: 2024-02-13T00:00:00.000Z
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Robinhood Markets, Inc..
Risk Assessment
Risk Level: low
From the Filing
0001193125-24-034027.txt : 20240213 0001193125-24-034027.hdr.sgml : 20240213 20240213181053 ACCESSION NUMBER: 0001193125-24-034027 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Robinhood Markets, Inc. CENTRAL INDEX KEY: 0001783879 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 464364776 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-92819 FILM NUMBER: 24630672 BUSINESS ADDRESS: STREET 1: 85 WILLOW ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 844-428-5411 MAIL ADDRESS: STREET 1: 85 WILLOW ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Bhatt Baiju CENTRAL INDEX KEY: 0001870914 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O ROBINHOOD MARKETS, INC. STREET 2: 85 WILLOW ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G/A 1 d742997dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Robinhood Markets, Inc. (Name of Issuer) Class A Common Stock - $0.0001 par value per share (Title of Class of Securities) 770700102 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☐ Rule 13d-1(b) ☐ Rule 13d-1(c) ☒ Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 770700102  1.   Names of Reporting Persons.  Baiju Bhatt  2.  Check the Appropriate Box if a Member of a Group (See Instructions)  (a) ☐  (b) ☒  3.  SEC Use Only  4.  Citizenship or Place of Organization  United States of America Number of Shares  Beneficially  Owned by Each Reporting Person With: 5.   Sole Voting Power  74,894,773 shares (1) 6.  Shared Voting Power  0 shares 7.  Sole Dispositive Power  63,161,629 shares (2) 8.  Shared Dispositive Power  0 shares  9.   Aggregate Amount Beneficially Owned by Each Reporting Person  75,459,852 shares (3) 10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐ 11.  Percent of Class Represented by Amount in Row (9)  9.3% (4) 12.  Type of Reporting Person (See Instructions)  IN (1) As of December 31, 2023, consists of (i) 226,374 shares of Class A common stock, par value $0.0001 per share (“ Class A common stock ”) held in street name by The Baiju Prafulkumar Bhatt Living Trust, dated 11/30/17 (the “Living Trust”), for which Mr. Bhatt serves as sole trustee and by which Mr. Bhatt has been granted an irrevocable proxy, (ii) 57,632 shares of Class A common stock issuable to Mr. Bhatt within 60 days after December 31, 2023 upon vesting and settlement of restricted stock units granted to him by the Company (“RSUs”) (which vested and settled on February 1, 2024), (iii) 1,021,415 shares of Class B common stock, par value $0.