Robinhood Markets insider activity
What the executives and directors of Robinhood Markets actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$612M
net open-market flow, 12 m
3 open-market buys, 12 m
74.4%
of sale value on 10b5-1 plans, 12 m
108 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 219 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Sep 1, 2026 | Quirk Steven M. | 103K |
| Sep 1, 2026 | Gallagher Daniel Martin Jr | 167K |
| Sep 1, 2026 | Bazzano Dara | 9,481 |
| Sep 1, 2026 | Verma Shiv | 50K |
| Jun 30, 2026 | SEGAL SUSAN | 243 |
| Jun 30, 2026 | RUBINSTEIN JONATHAN | 373 |
| Jun 30, 2026 | Malka Meyer | 162 |
| Jun 30, 2026 | Payne Christopher D | 236 |
| Jun 30, 2026 | Bhatt Baiju | 124 |
| Jun 30, 2026 | Hegeman John William | 162 |
| Jun 1, 2026 | RUBINSTEIN JONATHAN | 801 |
| Jun 1, 2026 | Malka Meyer | 801 |
| Jun 1, 2026 | Quirk Steven M. | 103K |
| Jun 1, 2026 | Zoellick Robert B. | 801 |
| Jun 1, 2026 | Gallagher Daniel Martin Jr | 167K |
| Jun 1, 2026 | Treseder Oluwadara Johnson | 801 |
| Jun 1, 2026 | Loop Paula | 801 |
| Jun 1, 2026 | Bhatt Baiju | 801 |
| Jun 1, 2026 | Verma Shiv | 50K |
| Apr 1, 2026 | RUBINSTEIN JONATHAN | 1,222 |
| Apr 1, 2026 | Malka Meyer | 1,011 |
| Apr 1, 2026 | Bhatt Baiju | 980 |
| Apr 1, 2026 | Zoellick Robert B. | 800 |
| Apr 1, 2026 | Treseder Oluwadara Johnson | 800 |
| Apr 1, 2026 | Loop Paula | 800 |
| Mar 31, 2026 | SEGAL SUSAN | 288 |
| Mar 31, 2026 | Payne Christopher D | 283 |
| Mar 31, 2026 | Hegeman John William | 211 |
| Mar 1, 2026 | Quirk Steven M. | 88K |
| Mar 1, 2026 | Gallagher Daniel Martin Jr | 198K |
| Mar 1, 2026 | Pinner Jeffrey Tsvi | 81K |
| Mar 1, 2026 | Verma Shiv | 37K |
| Feb 1, 2026 | Quirk Steven M. | 61K |
| Jan 1, 2026 | RUBINSTEIN JONATHAN | 1,059 |
| Jan 1, 2026 | Malka Meyer | 930 |
| Jan 1, 2026 | Bhatt Baiju | 911 |
| Jan 1, 2026 | Zoellick Robert B. | 801 |
| Jan 1, 2026 | Treseder Oluwadara Johnson | 801 |
| Jan 1, 2026 | Loop Paula | 801 |
| Jan 1, 2026 | Warnick Jason | 27K |
| Dec 31, 2025 | SEGAL SUSAN | 176 |
| Dec 31, 2025 | Payne Christopher D | 173 |
| Dec 31, 2025 | Hegeman John William | 129 |
| Dec 10, 2025 | Tenev Vladimir | 88K |
| Dec 3, 2025 | Gallagher Daniel Martin Jr | 215K |
| Dec 1, 2025 | Quirk Steven M. | 89K |
| Dec 1, 2025 | Warnick Jason | 158K |
| Dec 1, 2025 | Pinner Jeffrey Tsvi | 81K |
| Nov 19, 2025 | Warnick Jason | 15K |
| Nov 11, 2025 | Warnick Jason | 175K |
| Nov 1, 2025 | Quirk Steven M. | 63K |
| Oct 1, 2025 | RUBINSTEIN JONATHAN | 1,004 |
| Oct 1, 2025 | Malka Meyer | 902 |
| Oct 1, 2025 | Bhatt Baiju | 887 |
| Oct 1, 2025 | Zoellick Robert B. | 800 |
| Oct 1, 2025 | Treseder Oluwadara Johnson | 800 |
| Oct 1, 2025 | Loop Paula | 800 |
| Oct 1, 2025 | Warnick Jason | 27K |
| Sep 30, 2025 | SEGAL SUSAN | 137 |
| Sep 30, 2025 | Payne Christopher D | 116 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 4,618 |
| Vested / exercised | 6.0M |
| Bought on market | 680K |
| Withheld for tax | 557K |
| Planned sales (10b5-1) | 4.3M |
| Discretionary sales | 1.3M |
| Gifts | 119K |
| Kept | 367K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| RUBINSTEIN JONATHAN | 57K | 373 | 0.7 |
Who holds what
the 14 largest holdings of 17| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Malka Meyer Last trade Jun 5, 2026 | Director | 3.9M | $55M | – | net buying over the year: 2 months buying, 0 months selling | Jun 5, 2026 |
| Gallagher Daniel Martin Jr Chief Legal Officer Last trade Sep 3, 2026 | Officer | 520K | – | $39M | net selling over the year: 0 months buying, 12 months selling | Sep 3, 2026 |
| Warnick Jason Last trade Feb 9, 2026 | Other | 402K | – | $50M | net selling over the year: 0 months buying, 2 months selling | Feb 9, 2026 |
| Tenev Vladimir Chief Executive Officer Last trade Jul 6, 2026 | CEO | 375K | – | $220M | net selling over the year: 0 months buying, 4 months selling | Jul 6, 2026 |
| RUBINSTEIN JONATHAN Last trade Nov 11, 2025 | Director | 166K | – | $5.6M | net selling over the year: 0 months buying, 1 month selling | Nov 11, 2025 |
| Zoellick Robert B. | Director | 102K | – | – | – | |
| Quirk Steven M. Chief Brokerage Officer Last trade Sep 3, 2026 | Officer | 100K | – | $25M | net selling over the year: 0 months buying, 7 months selling | Sep 3, 2026 |
| Frei Frances X | Director | 90K | – | – | – | |
| Treseder Oluwadara Johnson Last trade Sep 8, 2026 | Director | 71K | – | $675K | net selling over the year: 0 months buying, 2 months selling | Sep 8, 2026 |
| Verma Shiv Chief Financial Officer Last trade Sep 15, 2026 | CFO | 68K | – | $4.2M | net selling over the year: 0 months buying, 8 months selling | Sep 15, 2026 |
| Loop Paula Last trade Jul 2, 2026 | Director | 64K | – | $1.0M | net selling over the year: 0 months buying, 1 month selling | Jul 2, 2026 |
| Bhatt Baiju Last trade Sep 10, 2026 | Director | 47K | – | $315M | net selling over the year: 0 months buying, 10 months selling | Sep 10, 2026 |
| Payne Christopher D Last trade Jun 13, 2025 | Director | 27K | – | – | Jun 13, 2025 | |
| Pinner Jeffrey Tsvi Chief Technology Officer Last trade Apr 27, 2026 | Officer | 14K | – | $7.1M | net selling over the year: 0 months buying, 6 months selling | Apr 27, 2026 |
Open-market trade log
the 60 most recent of 536| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 15, 2026 | Verma Shiv (CFO) 200 shares $112.83 +3.9% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 200 | $112.83 | $23K | +3.9% | Sep 17, 2026 |
| Sep 15, 2026 | Verma Shiv (CFO) 300 shares $106.18 +10.4% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 300 | $106.18 | $32K | +10.4% | Sep 17, 2026 |
| Sep 15, 2026 | Verma Shiv (CFO) 1,289 shares $111.08 +5.5% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 1,289 | $111.08 | $143K | +5.5% | Sep 17, 2026 |
| Sep 15, 2026 | Verma Shiv (CFO) 1,800 shares $112.18 +4.5% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 1,800 | $112.18 | $202K | +4.5% | Sep 17, 2026 |
| Sep 15, 2026 | Verma Shiv (CFO) 1,851 shares $109.23 +7.3% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 1,851 | $109.23 | $202K | +7.3% | Sep 17, 2026 |
| Sep 15, 2026 | Verma Shiv (CFO) 6,032 shares $110.26 +6.3% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 6,032 | $110.26 | $665K | +6.3% | Sep 17, 2026 |
| Sep 10, 2026 | Bhatt Baiju (Director) 100 shares $116.26 +0.8% since trade filed Sep 14, 2026 | Planned sale (10b5-1) | 100 | $116.26 | $12K | +0.8% | Sep 14, 2026 |
| Sep 10, 2026 | Bhatt Baiju (Director) 2,400 shares $112.77 +3.9% since trade filed Sep 14, 2026 | Planned sale (10b5-1) | 2,400 | $112.77 | $271K | +3.9% | Sep 14, 2026 |
| Sep 10, 2026 | Bhatt Baiju (Director) 6,000 shares $115.54 +1.4% since trade filed Sep 14, 2026 | Planned sale (10b5-1) | 6,000 | $115.54 | $693K | +1.4% | Sep 14, 2026 |
| Sep 10, 2026 | Bhatt Baiju (Director) 16K shares $113.74 +3.0% since trade filed Sep 14, 2026 | Planned sale (10b5-1) | 16K | $113.74 | $1.8M | +3.0% | Sep 14, 2026 |
| Sep 10, 2026 | Bhatt Baiju (Director) 19K shares $114.51 +2.3% since trade filed Sep 14, 2026 | Planned sale (10b5-1) | 19K | $114.51 | $2.2M | +2.3% | Sep 14, 2026 |
| Sep 8, 2026 | Treseder Oluwadara Johnson (Director) 1,875 shares $125.00 −6.3% since trade filed Sep 10, 2026 | Planned sale (10b5-1) | 1,875 | $125.00 | $234K | −6.3% | Sep 10, 2026 |
| Sep 3, 2026 | Quirk Steven M. (Officer) 200 shares $116.28 +0.8% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 200 | $116.28 | $23K | +0.8% | Sep 4, 2026 |
| Sep 3, 2026 | Quirk Steven M. (Officer) 300 shares $117.86 −0.6% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 300 | $117.86 | $35K | −0.6% | Sep 4, 2026 |
| Sep 3, 2026 | Quirk Steven M. (Officer) 400 shares $120.63 −2.9% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 400 | $120.63 | $48K | −2.9% | Sep 4, 2026 |
| Sep 3, 2026 | Quirk Steven M. (Officer) 800 shares $121.70 −3.7% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 800 | $121.70 | $97K | −3.7% | Sep 4, 2026 |
| Sep 3, 2026 | Quirk Steven M. (Officer) 812 shares $124.58 −6.0% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 812 | $124.58 | $101K | −6.0% | Sep 4, 2026 |
| Sep 3, 2026 | Quirk Steven M. (Officer) 2,397 shares $113.25 +3.5% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 2,397 | $113.25 | $271K | +3.5% | Sep 4, 2026 |
| Sep 3, 2026 | Quirk Steven M. (Officer) 2,700 shares $123.88 −5.4% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 2,700 | $123.88 | $334K | −5.4% | Sep 4, 2026 |
| Sep 3, 2026 | Quirk Steven M. (Officer) 3,599 shares $122.97 −4.7% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 3,599 | $122.97 | $443K | −4.7% | Sep 4, 2026 |
| Sep 3, 2026 | Quirk Steven M. (Officer) 13K shares $119.93 −2.3% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 13K | $119.93 | $1.6M | −2.3% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 100 shares $113.45 +3.3% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 100 | $113.45 | $11K | +3.3% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 100 shares $115.84 +1.2% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 100 | $115.84 | $12K | +1.2% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 200 shares $117.17 +0.0% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 200 | $117.17 | $23K | +0.0% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 300 shares $118.37 −1.0% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 300 | $118.37 | $36K | −1.0% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 400 shares $120.77 −3.0% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 400 | $120.77 | $48K | −3.0% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 700 shares $124.62 −6.0% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 700 | $124.62 | $87K | −6.0% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 800 shares $121.66 −3.7% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 800 | $121.66 | $97K | −3.7% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 900 shares $119.60 −2.0% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 900 | $119.60 | $108K | −2.0% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 2,700 shares $123.91 −5.4% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 2,700 | $123.91 | $335K | −5.4% | Sep 4, 2026 |
| Sep 3, 2026 | Gallagher Daniel Martin Jr (Officer) 3,800 shares $123.00 −4.7% since trade filed Sep 4, 2026 | Planned sale (10b5-1) | 3,800 | $123.00 | $467K | −4.7% | Sep 4, 2026 |
| Aug 17, 2026 | Verma Shiv (CFO) 3,982 shares $95.07 +23.3% since trade filed Aug 19, 2026 | Planned sale (10b5-1) | 3,982 | $95.07 | $379K | +23.3% | Aug 19, 2026 |
| Aug 14, 2026 | Bhatt Baiju (Director) 5,801 shares $97.79 +19.8% since trade filed Aug 18, 2026 | Planned sale (10b5-1) | 5,801 | $97.79 | $567K | +19.8% | Aug 18, 2026 |
| Aug 14, 2026 | Bhatt Baiju (Director) 17K shares $95.85 +22.3% since trade filed Aug 18, 2026 | Planned sale (10b5-1) | 17K | $95.85 | $1.7M | +22.3% | Aug 18, 2026 |
| Aug 14, 2026 | Bhatt Baiju (Director) 27K shares $97.19 +20.6% since trade filed Aug 18, 2026 | Planned sale (10b5-1) | 27K | $97.19 | $2.6M | +20.6% | Aug 18, 2026 |
| Aug 3, 2026 | Gallagher Daniel Martin Jr (Officer) 300 shares $89.08 +31.5% since trade filed Aug 5, 2026 | Planned sale (10b5-1) | 300 | $89.08 | $27K | +31.5% | Aug 5, 2026 |
| Aug 3, 2026 | Gallagher Daniel Martin Jr (Officer) 400 shares $87.20 +34.4% since trade filed Aug 5, 2026 | Planned sale (10b5-1) | 400 | $87.20 | $35K | +34.4% | Aug 5, 2026 |
| Aug 3, 2026 | Gallagher Daniel Martin Jr (Officer) 800 shares $86.28 +35.8% since trade filed Aug 5, 2026 | Planned sale (10b5-1) | 800 | $86.28 | $69K | +35.8% | Aug 5, 2026 |
| Aug 3, 2026 | Gallagher Daniel Martin Jr (Officer) 2,200 shares $90.06 +30.1% since trade filed Aug 5, 2026 | Planned sale (10b5-1) | 2,200 | $90.06 | $198K | +30.1% | Aug 5, 2026 |
| Aug 3, 2026 | Gallagher Daniel Martin Jr (Officer) 2,900 shares $91.80 +27.6% since trade filed Aug 5, 2026 | Planned sale (10b5-1) | 2,900 | $91.80 | $266K | +27.6% | Aug 5, 2026 |
| Aug 3, 2026 | Gallagher Daniel Martin Jr (Officer) 3,400 shares $90.94 +28.8% since trade filed Aug 5, 2026 | Planned sale (10b5-1) | 3,400 | $90.94 | $309K | +28.8% | Aug 5, 2026 |
| Jul 24, 2026 | Bhatt Baiju (Director) 300 shares $99.49 +17.8% since trade filed Jul 28, 2026 | Planned sale (10b5-1) | 300 | $99.49 | $30K | +17.8% | Jul 28, 2026 |
| Jul 24, 2026 | Bhatt Baiju (Director) 1,500 shares $97.68 +20.0% since trade filed Jul 28, 2026 | Planned sale (10b5-1) | 1,500 | $97.68 | $147K | +20.0% | Jul 28, 2026 |
| Jul 24, 2026 | Bhatt Baiju (Director) 2,100 shares $96.60 +21.3% since trade filed Jul 28, 2026 | Planned sale (10b5-1) | 2,100 | $96.60 | $203K | +21.3% | Jul 28, 2026 |
| Jul 24, 2026 | Bhatt Baiju (Director) 4,500 shares $93.77 +25.0% since trade filed Jul 28, 2026 | Planned sale (10b5-1) | 4,500 | $93.77 | $422K | +25.0% | Jul 28, 2026 |
| Jul 24, 2026 | Bhatt Baiju (Director) 17K shares $95.49 +22.7% since trade filed Jul 28, 2026 | Planned sale (10b5-1) | 17K | $95.49 | $1.6M | +22.7% | Jul 28, 2026 |
| Jul 24, 2026 | Bhatt Baiju (Director) 24K shares $94.70 +23.7% since trade filed Jul 28, 2026 | Planned sale (10b5-1) | 24K | $94.70 | $2.2M | +23.7% | Jul 28, 2026 |
| Jul 15, 2026 | Verma Shiv (CFO) 300 shares $116.04 +1.0% since trade filed Jul 17, 2026 | Planned sale (10b5-1) | 300 | $116.04 | $35K | +1.0% | Jul 17, 2026 |
| Jul 15, 2026 | Verma Shiv (CFO) 600 shares $112.98 +3.7% since trade filed Jul 17, 2026 | Planned sale (10b5-1) | 600 | $112.98 | $68K | +3.7% | Jul 17, 2026 |
| Jul 15, 2026 | Verma Shiv (CFO) 800 shares $113.87 +2.9% since trade filed Jul 17, 2026 | Planned sale (10b5-1) | 800 | $113.87 | $91K | +2.9% | Jul 17, 2026 |
| Jul 15, 2026 | Verma Shiv (CFO) 2,282 shares $115.29 +1.6% since trade filed Jul 17, 2026 | Planned sale (10b5-1) | 2,282 | $115.29 | $263K | +1.6% | Jul 17, 2026 |
| Jul 6, 2026 | Gallagher Daniel Martin Jr (Officer) 400 shares $118.45 −1.1% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 400 | $118.45 | $47K | −1.1% | Jul 8, 2026 |
| Jul 6, 2026 | Gallagher Daniel Martin Jr (Officer) 500 shares $112.06 +4.6% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 500 | $112.06 | $56K | +4.6% | Jul 8, 2026 |
| Jul 6, 2026 | Gallagher Daniel Martin Jr (Officer) 700 shares $113.59 +3.2% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 700 | $113.59 | $80K | +3.2% | Jul 8, 2026 |
| Jul 6, 2026 | Gallagher Daniel Martin Jr (Officer) 900 shares $115.76 +1.2% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 900 | $115.76 | $104K | +1.2% | Jul 8, 2026 |
| Jul 6, 2026 | Gallagher Daniel Martin Jr (Officer) 2,000 shares $114.68 +2.2% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 2,000 | $114.68 | $229K | +2.2% | Jul 8, 2026 |
| Jul 6, 2026 | Gallagher Daniel Martin Jr (Officer) 2,547 shares $117.80 −0.5% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 2,547 | $117.80 | $300K | −0.5% | Jul 8, 2026 |
| Jul 6, 2026 | Gallagher Daniel Martin Jr (Officer) 2,953 shares $116.80 +0.3% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 2,953 | $116.80 | $345K | +0.3% | Jul 8, 2026 |
| Jul 6, 2026 | Tenev Vladimir (CEO) 13K shares $113.18 +3.5% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 13K | $113.18 | $1.5M | +3.5% | Jul 8, 2026 |
| Jul 6, 2026 | Tenev Vladimir (CEO) 18K shares $112.22 +4.4% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 18K | $112.22 | $2.0M | +4.4% | Jul 8, 2026 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
436 Forms 4, 3 years
2 filed late
2 amendments
2 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.