June 20, 2024 · Form 4 insider transaction
Bhatt Baiju bought 121,226 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.
As part of the transaction effected on June 20, 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 121,226 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.