Bhatt Baiju bought HOOD
May 30, 2024 · Form 4 insider transaction
Bhatt Baiju bought 116,669 shares of Robinhood Markets, Inc., a transaction worth N/A. The trade was recorded as conversion of a derivative under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Acquired (buy-side)
Shares
116,669
Price
N/A
Total value
N/A
InsiderBhatt Baiju
Role—
SecurityClass A Common Stock
Transaction codeC: Conversion of a derivative
Transaction dateMay 30, 2024
Filing dateJune 3, 2024
Shares owned after116,669
OwnershipIndirect
10b5-1 planYes
AmendedNo
Footnotes
As part of the transaction effected on May 30, 2024 pursuant to the Rule 10b5-1 trading plan adopted by the Living Trust on September 13, 2023 ("Bhatt 10b5-1 plan"), the Living Trust sold 116,669 shares of its Class B Common Stock, resulting in an automatic conversion of the shares into Class A Common Stock upon execution of the sale.