Robinhood Markets, Inc. filed a Form 4 on August 17, 2026, disclosing the sale of Common Shares of Beneficial Interest in Robinhood Ventures Fund I across two trading days, August 13 and August 14, 2026.

Key Highlights

  • Three sale transactions reported: Robinhood Markets, Inc. disposed of shares on August 13 and August 14, 2026, via transaction code "S."
  • August 13 sales: 9,757 shares sold at a weighted average price of $28.73 (range $28.135 to $29.075), and 71 shares sold at $29.13, according to the filing.
  • August 14 sale: 5,482 shares sold at a weighted average price of $28.49 (range $28.27 to $28.977), the filing disclosed.
  • Remaining beneficial ownership: Following the reported transactions, the reporting person directly held 13,047,679 Common Shares of Beneficial Interest, per the filing.
  • Stock split noted: The filing states total shares reflect a stock split effective immediately before the completion of the initial public offering, with each share outstanding as of March 5, 2026 classified into 1.0239 shares of beneficial interest.
  • Rule 10b5-1 plan indicated: The filing box is checked indicating transactions were made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c) affirmative defense conditions.

Robinhood Markets Disposes of Robinhood Ventures Fund I Shares Over Two Days

According to the Form 4 filing, Robinhood Markets, Inc., identified as a 10% owner of Robinhood Ventures Fund I (ticker: RVI), reported three open-market sale transactions in the issuer's Common Shares of Beneficial Interest. The filing was signed by Manan Shah, Treasurer, on August 17, 2026. All dispositions are listed as direct ownership.

On August 13, 2026, the reporting person sold 9,757 shares at a weighted average price of $28.73, with individual transaction prices ranging from $28.135 to $29.075, and an additional 71 shares at $29.13. On August 14, 2026, a further 5,482 shares were sold at a weighted average price of $28.49, with individual prices ranging from $28.27 to $28.977. The filing notes that full information on shares sold at each separate price within those ranges is available upon request to the issuer, any security holder, or SEC staff.

The filing notes that the total shares beneficially owned following these transactions, reported as 13,047,679, reflects a stock split that was "effective immediately before the completion of the initial public offering, which resulted in each share outstanding as of March 5, 2026 being classified into 1.0239 shares of beneficial interest." The transactions were conducted pursuant to a Rule 10b5-1(c) written plan, as indicated by the checked box on the form.

What Was Disclosed

Robinhood Markets, Inc. reported the sale of a combined 15,310 Common Shares of Beneficial Interest in Robinhood Ventures Fund I on August 13 and 14, 2026, leaving a direct beneficial ownership of 13,047,679 shares following the transactions.