Robinhood CFO Shiv Verma Sells Shares Worth $1.3 Million
Shiv Verma, Chief Financial Officer of Robinhood Markets (NASDAQ:HOOD), sold 11,472 shares of Class A common stock for approximately $1.3 million on September 15, 2026, as disclosed in an SEC Form 4 filing. The transaction was conducted under a Rule 10b5-1 trading plan established on August 20, 2025, which automates trades to avoid insider trading concerns. Following the sale, Verma still holds over 56,858 shares directly valued at around $6.2 million as of September 15 market close. The stock was sold across a range from $106.08 to $112.83 per share with an average price of $110.42. Robinhood's stock has seen a modest decline, down less than 1% over the past year as of September 17 market close. Robinhood Markets operates one of the largest financial platforms in the U.S., offering commission-free trading and generating revenue through transaction fees, margin lending, and subscription services.
Tickers: $HOOD
Topics: CFO activity Robinhood SEC filings stock transactions