Robinhood Insider Shiv Verma Files Form 4 on Ownership Changes
| Field | Detail |
|---|---|
| Company | Verma Shiv |
| Form Type | 4 |
| Filed Date | Mar 23, 2026 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-activity, form-4, ownership-change
Related Tickers: HOOD
TL;DR
**Robinhood insider Shiv Verma filed a Form 4, signaling changes in their stock ownership.**
AI Summary
This Form 4 filing, dated March 23, 2026, indicates that Shiv Verma, an insider at Robinhood Markets, Inc., has filed a statement of changes in beneficial ownership of securities. While the filing itself doesn't detail specific transactions, it signals that Verma's holdings in Robinhood (ticker: HOOD) have changed. This matters to investors because insider activity can sometimes signal management's confidence (or lack thereof) in the company's future prospects, potentially influencing stock price.
Why It Matters
Insider filings like this can provide clues about how company executives view their stock, which can be a signal for other investors.
Risk Assessment
Risk Level: low — This filing is purely administrative, reporting a change in ownership, and does not inherently indicate a high risk.
Analyst Insight
A smart investor would use this filing as an alert to investigate the full Form 4 document to understand the specific transactions made by Shiv Verma, as the details (buy vs. sell, quantity, price) are crucial for interpreting insider sentiment.
Key Players & Entities
- Verma Shiv (person) — Reporting insider at Robinhood Markets, Inc.
- Robinhood Markets, Inc. (company) — Issuer of the securities
- 0002108589 (person) — CIK for Verma Shiv
- 0001783879 (company) — CIK for Robinhood Markets, Inc.
FAQ
What is the purpose of a Form 4 filing?
A Form 4 is a 'Statement of changes in beneficial ownership of securities' filed with the SEC, indicating that an insider (like an officer, director, or beneficial owner of more than 10% of a class of the company's equity securities) has bought or sold shares of their company's stock, or that their ownership has otherwise changed.
Who is Verma Shiv in relation to Robinhood Markets, Inc.?
Verma Shiv is listed as the 'Reporting' person in this filing, meaning they are an insider at Robinhood Markets, Inc. who is required to report changes in their beneficial ownership of the company's securities.
When was this specific Form 4 filing accepted by the SEC?
This Form 4 filing was accepted by the SEC on March 23, 2026, at 16:58:45.
What is the CIK number for Robinhood Markets, Inc. as per this filing?
The CIK number for Robinhood Markets, Inc. is 0001783879, as stated in the filing.
Does this filing specify the exact nature or quantity of the transaction (e.g., shares bought or sold)?
No, this specific filing (the summary page) only indicates that a Form 4 was filed, signaling a change in beneficial ownership. It does not provide the details of the transaction, such as the number of shares bought or sold, or the price, which would be found within the full Form 4 document itself.
Filing Stats: 763 words · 3 min read · ~3 pages · Grade level 8.9 · Accepted 2026-03-23 16:58:45
Filing Documents
- wk-form4_1774299522.html (4)
- wk-form4_1774299522.xml (4) — 5KB
- 0002108589-26-000008.txt ( ) — 6KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Verma Shiv (Last) (First) (Middle) C/O ROBINHOOD MARKETS, INC. 85 WILLOW ROAD (Street) MENLO PARK CALIFORNIA 94025 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Robinhood Markets, Inc. [ HOOD ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Financial Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/19/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units (1) 03/19/2026 A 236,308 (2) (2) Class A Common Stock 236,308 $ 0 236,308 D Explanation of Responses: 1. Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. 2. On March 19, 2026, the Reporting Person was granted 236,308 RSUs under the Robinhood Markets, Inc. ("Robinhood") 2021 Omnibus Incentive Plan. Ten percent (10%) of these RSUs are scheduled to vest on June 1, 2026 and on each subsequent three-month anniversary until forty percent (40%) of the award is vested; seven and one-half percent (7.5%) shall vest on the fifteen-month anniversary and on each subsequent three-month anniversary until a additional thirty percent (30%) is vested; five percent (5%) shall vest on the twenty-seven-month anniversary on each subsequent three-month anniversary until additional twenty percent (20%) is vested; and two and on-half percent (2.5%) shall vest on the thirty-nine-month anniversary and on each subsequent three-month anniversary until the remaining ten percent (10%) is vested, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. Remarks: /s/ Matthew Yorkavich, attorney-in- fact for Shiv Verma 03/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)