March 21, 2025 · Form 4 insider transaction
Hegeman John William bought 5,072 shares of Robinhood Markets, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.; This RSU award represent the Reporting Person's initial equity grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the Board of Directors (the "Board") of Robinhood Markets, Inc. ("Robinhood").; On March 21, 2025, the Reporting Person was granted 5,072 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-twelfth (1/12) of these RSUs are scheduled to vest on July 1, 2025, with the remainder scheduled to vest in eleven (11) equal quarterly installments thereafter, 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. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) 12/1/2035, (2) his death or disability, or (3) a change in control of Robinhood.