March 21, 2025 · Form 4 insider transaction
Hegeman John William bought 1,347 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 represents the Reporting Person's pro-rated annual grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the Board.; On March 21, 2025, the Reporting Person was granted 1,347 RSUs under the 2021 Plan. Of that amount, 154 RSUs are scheduled to vest on April 1, 2025 and 1,193 RSUs are scheduled to vest on on July 1, 2025 (or, if earlier, the day before Robinhood's next annual meeting of stockholders), 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.